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69 sats \ 3 replies \ @Bell_curve 19 Jan \ on: Without Government-Subsidized Industries, Employment Growth Would be Negative Politics_And_Law econ

the last graph blew me away: top 10 percent of earners account for half of consumer spending

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11 sats \ 2 replies \ @Undisciplined OP 19 Jan

Yeah, this feels like the trendline that would lead up to a peasant revolt.

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69 sats \ 1 reply \ @Bell_curve 19 Jan

Why has the ratio gone up since 1995?
from 36% to 48%

Edit:
The 2 trendlines intersected in 2008 then the financial crisis hit?

This is a worrisome trend. I'm not big into the whole wealth inequality issue but this seems out of line.

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11 sats \ 0 replies \ @Undisciplined OP 19 Jan

And then the "recovery" appears to have only been for high earners.

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