Economy

Farmer-Rick

(11,516 posts)

8. So, it includes people like Bill Gates, Zuckerberg, Walmart and the Koch Bros

Wed Jul 6, 2022, 12:59 PM

Jul 2022

The very rich gulping up the free dollars from the US government, through rent, promises not to do layoffs and interests and dividends from government loans would make that number jump. It's based on BEA's personal income statistics.

BEA's personal income statistics show the income that U.S. residents get from paychecks, employer-provided supplements such as insurance, business ownership, rental property, Social Security and other government benefits, interest, and dividends. (Personal income doesn't include capital gains from changes in stock prices, however.)

https://www.bea.gov/resources/learning-center/what-to-know-income-saving

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wsj.com: Americans Tap Pandemic Savings to Cope With Inflation [View all] mahatmakanejeeves Jul 2022 OP

We're cutting back on what we purchase. CrispyQ Jul 2022 #1

How convenient Magoo48 Jul 2022 #2

Why is this a story? snowybirdie Jul 2022 #3

Because Rupert Murdoch is paying me to post it. NT mahatmakanejeeves Jul 2022 #4

This message was self-deleted by its author mahatmakanejeeves Jul 2022 #5

Huge Pile of Savings????????? Farmer-Rick Jul 2022 #6

Here's the Personal Savings Rate according to BEA by way of FRED progree Jul 2022 #7

So, it includes people like Bill Gates, Zuckerberg, Walmart and the Koch Bros Farmer-Rick Jul 2022 #8

Yup. And so... progree Jul 2022 #9

But here's the thing Farmer-Rick Jul 2022 #10

Oh I know. I'm sure the top 10% got well over half of it /nt progree Jul 2022 #11