Comment on Where Americans—Rich and Poor—Spent Every Dollar in 2012

Where Americans—Rich and Poor—Spent Every Dollar in 2012

Here it is, fresh from the Bureau of Labor Statistics: all of American spending in one big color wheel. Since some of you (inexplicably) don't like pie charts, here's the same data in bars. Averages are misleading, particularly when the rich are running away from the rest. So, digging deeper into BLS data, I broke out percent spending by category for the richest and poorest 20 percent.

 

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