SAJ-99
Well-known member
I thought this was important enough to put here. A recent article in WSJ points out how the economy is driven by the top 10% of earners. (Link attached, may require a subscription). For definition, top 10% of earners are those households with income > $250,000/yr. The data drove the title. I have also given a chart on vacation budgeting because it seems relevant. Guys like @Treeshark have a certain view, and I may disagree with it to some extent, but also have respect for it. If you were in charge of pricing tag, who do you price them for? And in the end, who are public lands for? ...
From the article
"Between September 2023 and September 2024, the high earners increased their spending by 12%. Spending by working-class and middle-class households, meanwhile, dropped over the same period."
Some summary charts from that and another WSJ articles...
Top 10% are about 50% of all spending.
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From the article
"Between September 2023 and September 2024, the high earners increased their spending by 12%. Spending by working-class and middle-class households, meanwhile, dropped over the same period."
Some summary charts from that and another WSJ articles...
Top 10% are about 50% of all spending.

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