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Halls of Shrewd'm / US Policy
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Author: Banksy 🐝  😊 😞
Number: of 55803 
Subject: Re: From The New Deal To The...
Date: 09/16/2025 7:55 AM
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No. of Recommendations: 9
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/articles/2025-09-16...

https://bsky.app/profile/weisenthal.bsky.social/po...
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