The top 1% now own more than the entire middle class and the top 10% spends almost half of everything. Yep, really.
The top 1% of earners now have more wealth than the entire middle class. byu/TonyLiberty inFluentInFinance Every rate cut will continue to drive the share up. This is incredible: The share of the top 10% of US consumers now account for 49.2% of all consumer spending, the highest level in data dating back to 1989. …