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by @jimpick.com
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Whose economy? Not yours, unless you're in the top 10% (households making more than $250,000 a year) that account for 49% of all consumer spending these days. Sales of luxury goods and services are keeping the economy afloat... #inequality tinyurl.com/msz3u8n9
9mo
High-earners and older Americans are faring better than ever, while fortunes are sliding again for low-wage and young workers
www.wsj.com
The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains