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The economy needs the wealthy to spend a lot more to get back on its feet

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The end of a lonely year is drawing near. 

Bank accounts are freshly padded with $1,400 stimulus checks, any adult should be able to get a vaccine around May, and everyone is readying for a “hot vax summer.” Shut-in Americans are gearing up to spend and socialize after a year in which the experience economy was replaced by one defined by solitary leisure.

In a year marked by social distancing, activities enjoyed alone such as golfing and boating replaced the group activities typical of social leisure, like amusement parks and tourist attractions. At the details ⇒

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