#income-gap

#income-gap

The top 1% of U.S. households owns 31.7% of wealth, matching the bottom 90%, creating the widest gap since 1989 while the top 10% accounts for nearly 50% of consumer spending.

Accelerating wealth concentration—potentially creating trillionaires like Elon Musk—and widening income inequality threaten social stability and signal a deepening crisis between the ultra-rich and working classes.