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Published 2 days ago • loading... • Updated 2 days ago

The US Economy Runs on Billionaire Pocket Change

Summary by Jacobin

The top 10% of earners account for almost half of all consumer spending in the United States. Wealth concentration has made economic stability shockingly reliant on elite consumption. Illustration by Richard A. Chance Sorry, this articles is available to subscriber only. Click here to subscribe.

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The US Economy Runs on Billionaire Pocket Change

The top 10% of earners account for almost half of all consumer spending in the United States. Wealth concentration has made economic stability shockingly reliant on elite consumption. Illustration by Richard A. Chance Sorry, this articles is available to subscriber only. Click here to subscribe.

2 days ago

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Jacobin broke the news in 2 days ago on Friday, June 13, 2025.

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