'jenga Tower' Us Economy Teeters as Middle Class Pulls Back Spending
Posted2 months agoActive2 months ago
bloomberg.comOtherstory
skepticalnegative
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Us EconomyIncome InequalityConsumer Spending
Key topics
Us Economy
Income Inequality
Consumer Spending
The US economy is at risk of weakening due to growing income inequality and reduced consumer spending by the middle class, with some commenters questioning the narrative and others exploring the potential drivers of high-income households' behavior.
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Nov 6, 2025 at 6:11 AM EST
2 months ago
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What are the drivers of this? Does it imply that the income of these households is mostly from stock market returns or that they would tighten belts because of perceived future financial insecurity? Or is it is because they’re largely business owners and a stock market contraction would correlate with reduced profits?