Kinda has to be for wealth to trickle up. I think they might have meant discretionary consumer spending.
Comment on Valve raises Steam Deck prices by more than $200
IMALlama@lemmy.world 4 days agoConsumer spending is something like 68% of the US economy. I suspect that’s the case in most countries?
Consumer spending drives the US economy.
freely1333@reddthat.com 4 days ago
Dozzi92@lemmy.world 4 days ago
The US’s best export, so to speak, is it’s money. People in the US buy more than anywhere. It has a larger consumer market than EU, China, and India combined. That’s ridiculous to think about, a country of 350m outspending 3.5b. As much as I can’t stand trump and think everything is wrong, leveraging the US and it’s buying power is a tactic that makes sense. I wouldn’t even be mad if it was just part of some negotiation, but it coupled with obviously all the rest of the shit kinda changes the light that it’s shown in.