Wealth has shifted from wage earners to the rich, creating a stark wealth disparity.
From Investing.com: 2025-06-30 05:38:00
The U.S. economy has seen a shift in wealth from wage earners to the rich over the past 55 years, with productivity gains going to capital owners and wages replaced by debt. This has led to housing becoming unaffordable for many as assets are bought up by the wealthy. The top 10% now have double the net worth of the bottom 90%, creating a stark wealth disparity. The future looks uncertain as instability looms due to the extreme wealth gap. Substituting debt for earnings will have negative consequences, leading to a potential breaking point in the status quo.
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