All right, let's look at the American consumer, the haves and have nots. And man, does this picture say at all about America today? Almost half of all spending is driven by the top 10% of America today. Look at that graph. In 1995, about 36% of spending was driven by the top 10%. Half of it is now driven by that 10%. (00:09–00:15)
CLAIM
Asserts that the top 10% of Americans drive nearly half of all consumer spending.
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