The colonists during the revolution era
The wealthiest households earned 50 times what the ordinary American family did. However, these households did not consume 50 times as much food or buy 50 times as many vehicles, radios, or ovens. The wealthy obviously spend a lot of money on consumer goods. The issue was that the wealthy few did not spend enough to keep the economy humming.
<span>Yes it's a fair label because in 1828 the Democrat party was created. also In 1824 there was four republicans as the choice for the presidential seat at that time. They had called it the "corrupt bargain".</span>