Subject: Re: Shazamm,, "hottest country" indeed
An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth.

Yes the wealthy are doing great! Trumps Plutocracy In Action!

"The top 10% of U.S. households now account for nearly half of all consumer spending, a record high since data collection on this metric began in 1989."

"The figures help to explain how the economy has remained afloat and avoided recession amid a substantial decline in hiring, rising debt delinquencies and stubborn inflation
that is straining many households."

"The economy’s prospects are tethered to the fortunes and spending of the well-to-do, If they turn more cautious in their spending, for whatever reason, the economy will suffer a recession."

Hey MAGA, keep those tax cuts for wealthy coming...Trickle down is gonna hit BIG any day now! (Maybe in 2 weeks?!)

https://www.bloomberg.com/news...