The economy is largely driven by consumers. Until recently, that meant almost everyone had an influence. As wealth and income become more concentrated so does influence. The economy is now driven by fewer people. A study suggests that the actions of a small segment of wealthy people had more to do with causing the Great Recession than the actions of the crowds of sub-prime mortgagees. With influence comes responsibility. It is possible that the economy is now the responsibility of the wealthy, the number of wealthy involved is decreasing, and that this smaller demographic may not even be aware of their influence – nor feel its effects.
“Growing Income Inequality Is What Made The Great Recession So Great” – Mother Jones
Pretending Not To Panic 