I track consumption by capital income through the NIPA numbers and labor share. I am finding somethine too interesting. The percentage of capital's income used for consumption is still rising as of 2nd quarter 2015. Here is the updated graph.
To me, this is crazy. The dynamics of the economy are making the rich too rich. This process has to stop. The inequality problem is getting worse.
Now I compare total consumption by labor income to that of capital income.
Capital income usually spent around 10% of what labor income spent. Now it is reaching 20%. Capital income is having a great time currently in the economy.
The balanced economy of the past is a thing of the past.
Labor needs more income.