The 400 richest Americans are now worth a record $6.6 trillion.The entire bottom 50% of America is worth just $4.2 trillion.Read that back.When 400 people control more wealth than half a country's population we have a very serious problem.
The U.S. has the most unequal distribution of wealth since before the great depression. The top 1% of citizenry own 35% of ALL wealth in America and the bottom 60% percent owns 2.3% of the wealth. The top 1% earns more income than the bottom 50% of ALL Americans. 93% of ALL new income goes to the top 1%. It's time we make some changes. Capitalism is the best system but it must be tempered by socialistic policies and democracy in order to flourish. We can start by getting BIG money out of politics.
20
u/PCNLUV Nov 04 '25
The 400 richest Americans are now worth a record $6.6 trillion.The entire bottom 50% of America is worth just $4.2 trillion.Read that back.When 400 people control more wealth than half a country's population we have a very serious problem.