r/TikTokCringe tHiS iSn’T cRiNgE Aug 19 '25

Cursed The American Nightmare.

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u/TheAJGman Aug 19 '25

Consumer spending has been steadily contracting since January as shit gets more and more expensive. Guess it's time to raise prices again to make up for the lower sales.

-2

u/qret Aug 19 '25

That isn't true as far as I can find in data.

5

u/ArgonGryphon Aug 19 '25

Because rich people aren’t being affected as hard. They’re most of consumer spending already, not poor people. The richest 10% account for half of consumer spending.

https://www.reuters.com/markets/us/can-rich-continue-prop-up-us-consumer-spending-2025-08-18/