Subject: Re: From The New Deal To The...
Raw Deal...

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...

https://bsky.app/profile/weise...