Richest 1% Has More Than The 90% At The Bottom, In USA

[marcus]

From https://finance.yahoo.com/economy/articles/federal-reveals-troubling-reality-wealthy-090300016.html
Title : Federal reserve reveals troubling reality about wealthy Americans
By Hillary Remy , April 2026

...
- Top 1% share of U.S. household wealth: 31.7% in Q3 2025, a record high

- Top 1% total assets: approximately $55 trillion

- Bottom 90% combined wealth: approximately $54 trillion

- Top 10% share of corporate equity and mutual funds: more than 87%

- Top 10% share of consumer spending Q2 2025: nearly 50%

- Wage growth December 2025: 3% for high earners vs 1.1% for low earners ...

The Federal Reserve's own research has found that higher income inequality is associated with more household debt relative to GDP, particularly through mortgage debt...

What this level of concentration means for the economy:

... Growth becomes dependent on a narrow group of asset owners rather than broad-based consumer activity.

That creates a fragile foundation. If wealthy households pull back spending, whether from a market correction, a loss of confidence, or a shift in sentiment, the ripple effects can move through the economy quickly. There is no cushion from the broad middle to absorb the shock...

 

[centurion]

Top 1% of households also pay more than 40% of all federal taxes and more than 20% share of all taxes collected.

 

[marcus]

From https://www.imperial.ac.uk/news/242756/gap-between-rich-poor-increased-more/
Title : Gap between rich and poor has increased more quickly in the US than in Europe
By Laura Singleton , January 2023

... Researchers from Imperial and the Paris School of Economics are calling for action to be taken by governments and policy makers in the US, to boost wages at the lower end of the market, control unemployment, and stabilise house prices...

The researchers say US policymakers should prioritise job market policies that are aimed at boosting wages at the lower end of the distribution to reduce wealth inequality. They also call on central banks to play a key role in stabilising house prices.

Dr Martínez-Toledano explained: “Less equal societies have less stable economies. High levels of economic inequality can lead to economic and political instability. This is why action needs to be taken before societies become polarised.” ...

 

[Hawk256]

From https://www.imperial.ac.uk/news/242756/gap-between-rich-poor-increased-more/
Title : Gap between rich and poor has increased more quickly in the US than in Europe
By Laura Singleton , January 2023

... Researchers from Imperial and the Paris School of Economics are calling for action to be taken by governments and policy makers in the US, to boost wages at the lower end of the market, control unemployment, and stabilise house prices...

The researchers say US policymakers should prioritise job market policies that are aimed at boosting wages at the lower end of the distribution to reduce wealth inequality. They also call on central banks to play a key role in stabilising house prices.

Dr Martínez-Toledano explained: “Less equal societies have less stable economies. High levels of economic inequality can lead to economic and political instability. This is why action needs to be taken before societies become polarised.” ...

Raise wages and prices go up more than the wage increase or they just do away with the job all together and now that person has zero spending power. Look at California and the food service industry. Not sure there is an easy answer.