$FHE 🚨 Eye-opening economic reality:
$FOGO Today, the top 10% of U.S. income earners are driving 49% of total consumer spending an all-time high. $FRAX That share has climbed +13 percentage points over the past three decades, showing a massive concentration of spending power. Meanwhile, the bottom 80% now contribute only ~37% of consumer spending, down 11 points since 1995. Because consumer spending makes up 68% of U.S. GDP, the math is stark:
• Top 10% = ~33% of total GDP (record level)
• Bottom 80% = ~25% of the economy
The gap keeps widening. In this system, asset holders dominate everyone else falls behind.
