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North Coast Lawyer

(222 posts)
31. Top 10% still spending
Tue Dec 23, 2025, 06:22 PM
Dec 23

Could be cooked books.

Or, it could be further confirmation that much of the American population is no longer economically relevant. Our brave new economy depends on the top 10%'s continued spending. The suffering of those at the bottom of the pyramid is economically irrelevant.

It's basically Dr. Suess' Yertle the Turtle:

... “Your Majesty, please… I don’t like to complain,
But down here below, we are feeling great pain.
I know, up on top you are seeing great sights,
But down here at the bottom we, too, should have
rights. ...

Recommendations

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Wall Street is ignoring this news today Johonny Dec 23 #1
True, but Wall Street has become less and less connected to the real economy for the past thirty years indusurb Dec 23 #2
No way in hell was GDP at 4.3% gab13by13 Dec 23 #3
Last year, Chris Hayes interviewed Deminpenn Dec 23 #18
It Was Only 4.3%... ProfessorGAC Dec 23 #23
Everyday Americans are NOT feeling it! NCDem47 Dec 23 #4
From your keyboard to dog's ears. raccoon Dec 23 #21
of course it's a lie. Javaman Dec 23 #5
Those are my suspicions as well. Borogove Dec 23 #6
What I've Seen modrepub Dec 23 #7
As far Rebl2 Dec 23 #8
Then your neck of the woods probably isn't affected by tourism. tavernier Dec 23 #10
I have been curious about that. I will be in Key West for two weeks in January. Pacifist Patriot Dec 23 #14
Certainly not to us because "normal" snowbird season in January tavernier Dec 24 #32
LOL. Now pull my other finger! PSPS Dec 23 #11
People are using payday loans for groceries questionseverything Dec 23 #20
I watch the headlines scroll across my msn home page gab13by13 Dec 23 #9
Jim Beam is closing it's main distlllery for one year due to poor sales. patphil Dec 23 #15
Here's one thought you can take to the bank... GiqueCee Dec 23 #12
Sadly, you cannot trust any of the data right now from the government ashredux Dec 23 #13
***ITS TRUE*** But look at what increased !! HCI premiums (link) uponit7771 Dec 23 #16
I actually laughed when I saw the number D_Master81 Dec 23 #17
The only "boom" is in the Health-Care-Insurance biz. Justice matters. Dec 23 #24
This bit economic smoke and richdj25 Dec 23 #19
Good luck with that Donald, It ain't gonna work... Fil1957 Dec 23 #22
I do not trust any numbers from the trump assholes LetMyPeopleVote Dec 23 #25
Me too Walleye Dec 23 #27
There's an old song, "straighten up and fly right." It goes something like Walleye Dec 23 #26
Cook away. Pocketbooks don't lie. Raven123 Dec 23 #28
That's why they fired everyone who keeps the books. BlueTsunami2018 Dec 23 #29
Ordinarily that would be conspiracy theory. thought crime Dec 23 #30
Top 10% still spending North Coast Lawyer Dec 23 #31
Latest Discussions»General Discussion»They're cooking the econo...»Reply #31