Inflation-adjusted consumer spending fell by an annualized -0.15% in the first six months of the year. Excluding the pandemic, the last time we saw a negative statistic was in early 2010
Per the Financial Times chart below, US wage growth for the lowest-paid has now slumped below that for the highest-paid, widening the considerable inequalities in total pay and wealth.
#economy#inequality#wages@FT
yap about @multibank_io if you’re serious about catching the next wave
$150K USDT is live for the taking 💰
🥇 Top 10: $5,000 each
🥈 Next 40 (11–50): $1,000 each
🥉 Remaining 150 (51–200): $400 each
Started July 22, still ongoing.
Don’t sleep on $MBG the team’s been consistent, and the campaign’s heating up.
get loud. get active. it’s wide open right now.