A Quote by Jan Schakowsky

Working families spend about 90 percent of their income on consumption - buying stuff. The rich spend less than 45 percent.

Jan Schakowsky

Quote Topics

About Buying Consumption Families Income Less Percent Rich Spend Stuff Than Working

Quote Author

Jan Schakowsky
American - Politician
Born: May 26, 1944

By 2015, the top 1 percent of families took home more than 20 percent of income. Wealth distribution was 10 times worse than that: the families in the top 1 percent owned as much as the families in the bottom 90 percent.

Heather Cox Richardson

The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.

Matthew Desmond

Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

Milton Friedman

In life, never spend more than 10 percent of your time on the problem, and spend at least 90 percent of your time on the solution.

Tony Robbins

Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savings

John Warren Kindt

Harpists spend 90 percent of their lives tuning their harps and 10 percent playing out of tune.

Igor Stravinsky

Not everyone can afford to eat well in America, which is a literal shame, but most of us can: Americans spend less than 10 percent of their income on food, less than the citizens of any other nation.

Michael Pollan

What democratic socialism is about is saying that it is immoral and wrong that the top one-tenth of 1 percent in this country own almost 90 percent - almost - own almost as much wealth as the bottom 90 percent. That it is wrong, today, in a rigged economy, that 57 percent of all new income is going to the top 1 percent. That when you look around the world, you see every other major country providing health care to all people as a right, except the United States.

Bernie Sanders

This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in America is going to the top 1 percent. You have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.

Bernie Sanders

Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.

Michael Pollan

It's more about balance for me. I used to be an all or nothing person. And now I would rather have a lifestyle change - rather than use the word 'diet' - where 90 percent of the time spend my life that way and 10 percent of the time have fun and do what my body feels like it needs or craves.

Julianne Hough

One study says that 90 percent of our everyday behavior is based on our habits. . . That means how we treat people, how we spend our money, what we watch, what we listen to - 90 percent of the time, we're on autopilot. We do what we've always done.

Joel Osteen

We can't have close to 90 percent of those prenatally diagnosed with an intellectual disability being aborted; 90 percent not going to school; more than 90 percent reporting discrimination in the healthcare system; and 90 percent unemployed, and tell ourselves that we're doing a good job. The obstacles to leading a full life for the vast majority of people with intellectual disabilities are far beyond what they should be, and far beyond what we should tolerate. So yeah, I want change.

Timothy Shriver

Our mantra is that 90 percent of all television is bad, and ten percent has never been better. We make fun of that 90 percent.

Joel McHale

If you want to survive Ebola, you need to be young. If you're in your late 30s, the death rate is about 80 percent, and if you're over 45, then the death rate goes up to about 90 percent.