U.S. wealth inequality is the highest it has been in nearly four decades, according to federal data, as the economy under the Trump administration appears to increasingly favor the rich.

As of late 2025, the top 1 percent of households held 31.7 percent of wealth, the highest share on record since the Federal Reserve began tracking the figure in 1989.

  • Lemmayng@lemmy.world
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    6 days ago

    “Blame Reagan”

    That’s all you had to say. Any argument that starts with “Blame Reagan” objectively needs no further explanation.

    • DagwoodIII@piefed.social
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      5 days ago

      It’s amazing how people are still angry with Ronnie just because he destroyed the middle class and imported tons of cocaine.