The Wealth Gap: The Economy We Measure vs The Economy We Live
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The Wealth Gap: The Economy We Measure vs. The Lives We Live
When Delta’s CEO announced that premium cabin revenue now exceeds economy for the first time in the airline’s history, it wasn’t just a milestone for the travel industry—it was a snapshot of a growing wealth divide.
In this episode, we explore the striking truth behind the numbers: the top 10% of U.S. households now drive nearly 50% of all consumer spending. What does it mean when "strong consumer spending" reflects the habits of a wealthy few, while millions face shrinking demand? How does income inequality shape the economy we measure—and the lives most of us live?
From airline seat maps to wage growth disparities, we trace the ripple effects of wealth concentration through stock market ownership, auto loan defaults, and corporate strategy. Discover how the economy reinforces inequality through a self-perpetuating wealth feedback loop—and why the statistics we celebrate often leave the majority behind.
This isn’t just about inequality as an abstract idea. It’s about understanding the forces behind the widening wealth gap—and how they affect your opportunities, choices, and financial future.
Topics include:
The K-shaped recovery and income inequality
Wealth feedback loops and consumer spending disparities
Stock market ownership concentration and wage stagnation
Reframing financial decisions in an unequal economy
Join us to uncover the hidden story behind the numbers—and the economy you’re really living in.
