• CurlyWurlies4All@slrpnk.net
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    2 hours ago

    “If we got into a world where 90% of the spending was done by 10% of people, we have to think about what does it mean for overall GDP (gross domestic product) growth and what is it going to mean for overall employment,” Goolsbee said.

    I love how the article felt the need to acknowledge this reality but then completely avoids interogating it, when already the Top 20% are responsible for 60% of spending.