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Posted by: BigShotSpicyMan 8/4/2008 5:06 AM

read the paragraphs below, read them slowly, and understand and think about what they are saying a bit....this is absolutely stunning....

The 10 percent of households with the highest incomes account for nearly a quarter of all spending, according to data compiled by research firm Moody's Economy.com from a 2006 federal survey.

Other government data show households in the top one-fifth of the U.S. population ranked by income earn about half of all total personal income before taxes—an imbalance that gives the wealthy immense economic clout, said Sara Johnson, an economist at the research firm Global Insight.

"Consumer spending makes up 70 percent of gross domestic product, and when one group accounts for a very substantial share of consumer spending, they also account for a large share of the economic activity that creates jobs," Johnson said.

this came from this article, http://wcbstv.com/topstories/Wealthy.Spending.Down.2.786657.html

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