Just how K-shaped is the U.S. economy? The top 10% spend nearly as much, excluding essentials, as bottom 70% combined
The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America’s economists on household spending.
Overview
The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America’s economists on household spending.
Source
Originally published at www.marketwatch.com.
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