American rich stopped spending money

American rich stopped spending money

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The big problem of the U.S. economy , in addition to existing ones, is becoming more and wealth inequality . Most rich people do not spend a significant percentage are located earned at a time when Americans are poorer , even if they wanted to spend more can not afford it , analysts TeleTrade.

Referring to the American statistics , in the period 2008-2012 . the richest segments of the population , which is about 10% , increased their spending just $ 2,300 per year, per household , which is critically low growth . While the poorest 10 % of the population have reduced annual spending by an average of 150 dollars for the same period .

According to the observations of experts TeleTrade, in a situation where people with high levels of well-being does not start to spend more if their incomes begin to rise . The total income of all U.S. households in 2012 was on average 10,157 dollars , which is higher than in 2008 . However, at the same time costs for the period increased by only 4789 dollars. With all of this should take into account the fact that the poorest 30 % of the population is unable to do without credits .

Thus, the increase in the proportion of rich people in the American economy becomes a negative phenomenon for consumption , which accounts for 70 % of U.S. GDP . Moreover, growth in the number of the rich in the economy not particularly useful and investment segment as rich do not invest more funds in proportion to the growth of their capital.

As a result , the conclusion that the policy of the former Fed chairman Ben Bernanke has worked exclusively on Wall Street , rising asset prices and , consequently, the welfare of asset owners . The average American stages of the program of quantitative easing is not brought absolutely nothing , and citizens with fixed incomes , rather hurt .

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