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Using figures produced by the government’s Federal Reserve Board, the beginning of the Biden presidency has gone well for the wealthiest 1% (who include the country’s major capitalists) and might also be seen in the same way for the poorest 50% (most of whom are members of the working class). The nominal wealth of the More

The post The Wealth of the Wealthiest 1% and Poorest 50% Since Biden Became President appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Rick Baum.

Citations

[1] The Wealth of the Wealthiest 1% and Poorest 50% Since Biden Became President - CounterPunch.org ➤ https://www.counterpunch.org/2022/07/08/the-wealth-of-the-wealthiest-1-and-poorest-50-since-biden-became-president/[2] The Wealth of the Wealthiest 1% and Poorest 50% Since Biden Became President - CounterPunch.org ➤ https://www.counterpunch.org/2022/07/08/the-wealth-of-the-wealthiest-1-and-poorest-50-since-biden-became-president/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/