this post was submitted on 14 Dec 2023
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United States | News & Politics

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Top 1% of u.s. earners now have more wealth than the middle class (media.mas.to)
submitted 2 years ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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https://www.usatoday.com/story/money/2023/12/06/top-1-american-earners-more-wealth-middle-class/71769832007/

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[–] CarbonScored@hexbear.net 6 points 2 years ago

I wonder if they exclude the bottom 20% because debt often makes their wealth negative. I'd assume that'd mean the top 1% have more wealth than at least the bottom ~85%.