this post was submitted on 17 Sep 2025
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The most affluent consumers account for a bigger share of total US spending, reinforcing the lopsided dynamic of unbothered consumption for the wealthy and more cautious shopping for everyone else.

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[–] grte@lemmy.ca 19 points 1 week ago (1 children)

I wonder if this chart has anything to do with it.

And if the point isn't immediately obvious, there's an easy to miss little yellow line at the bottom of the chart that represents the combined wealth of half the US population.

[–] AA5B@lemmy.world 15 points 1 week ago (2 children)

Good thing we’re burning down fundamental government services, destroying our future and adding trillions to the national debt to fund tax cuts for those one percenters, huh

[–] Joeffect@lemmy.world 6 points 1 week ago

It's going to trickle down!

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[–] circuitfarmer@lemmy.sdf.org 14 points 1 week ago (3 children)

This is one thing that those supporting runaway capitalism don't seem to understand. Money ultimately flows up. It relies on a bunch of people closer to the bottom to start that flow. The more people taking part, the better. Each consumer can put in a little if the number of consumers is high.

If market prices go up so far that the people at the bottom can't initiate that flow, then the system fails. Money doesn't flow at all, and those at the top start taking losses. Dominoes fall. The system needs consumers to be able to afford goods. It's one reason why prices cannot just go up until the end of time. You can't squeeze blood from a stone.

But so many of these rich folks now are under the impression that money just flows in without understanding from where. Prices just go up, as if it were an infinite money glitch. These people will eventually have an awakening.

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[–] Ileftreddit@lemmy.world 11 points 1 week ago

The last 3 years have been spending on basic survival ONLY for us, we are vintage dealers as well so no new clothing etc; our outfits are rad as fuck and our 4 year old dresses like an 80s photo.

The only way to survive this economy is to make yourself indispensable to the billionaire class, something I refuse to do…. Working people have to support each other, cause no one else will

[–] Marshezezz@lemmy.blahaj.zone 8 points 1 week ago (4 children)

I can spend money but I refuse to spend any expendable income on the US economy because I’m boycotting this bullshit. All that money goes to importing trading cards and origami paper from Japan.

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[–] masterofn001@lemmy.ca 7 points 1 week ago

TFW the parking lot at dollar tree is full of beemers and Benz.

[–] magnetosphere@fedia.io 6 points 1 week ago

Imagine having to deal with bullshit like this all day as your job.

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