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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Maple MAGA who wrote (1247552)7/17/2020 10:55:31 AM
From: Jamie153  Read Replies (2) | Respond to of 1578938
 
You know 70% of the economy is consumer spending right? They say this every time GDP comes out. What they don't tell us is how much the rich spend to give us growth. They give us about 80% of the spending.

We're so insignificant we got only $1200 while they got millions. In fact, just 48,000 people got 80% of the stimulus. Why? Because they're rich and they're the economy.

What happened to the middle class. You don't need to ask. We have republicans.

Here's another interesting morsel. Do you know why we're in a recession? Everyone says it's because Covid shut down businesses. Not true. The rich stopped spending and they're the economy.

"The Rich Have Stopped Spending And That Has Tanked The Economy"
npr.org