To reiterate, the top five percent of income earners in the United States make thirty seven percent of the consumer purchases. This means that what these people buy is a key determinate of whether or not this economy recovers.

Probably, you are wondering how you fit into this picture. Now hold on to your hat, gentle reader. Those in the bottom eighty percent make thirty nine point five of all consumer purchases.

So, look on the bright side! The bottom 80% of Americans buys 39.5 % of consumer goods as opposed to 37% of the top five percent of the income earners in the U.S. That means we are 2% up.

I have to admit I feel a little left behind but 2% is 2% and I should take what solace I can from this. Right?

James Pilant