The Rich Are Increasingly Propping Up the US Economy as the Middle Class Is Hollowed Out

James Keys and Tunde Ogunlana consider what it means that the US economy continues to become more and more reliant on spending by the top 10% of earners, and discuss how this is the exact opposite of how the US built to largest middle class in the history of the world in the 20th century.

https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571

https://apple.news/AnPw0rDI0SOWQNhVKQ3E4dg