Biden’s Amerika! Top 1% Now Have Higher Share Of Household Wealth Than Entire Middle Class (Struggling Households At 46%)

confoundedinterest17 #bubble, #inflation, #wine, Banking, CMBS, CRE, Credit, ECB, Economy, Existing Home Sales, Fed, Freddie Mac, GDP, Gold, Housing, Mortgage, Oil, Pension, Powell, REITs, Treasuries, Treasury, Uncategorized, Venezuela, Volatility, Wages, Yellen, Yield Curve June 19, 2024June 19, 2024 1 Minute

Now you know why Joe Biden has fund raisers in Hollywood and New York where the elites (the top 1%) live. Biden is the President of The Elites, not the middle class.

How bad it is? The top 1% now have more household wealth than the entire middle class. Note that the recent surge occurred under Trump, but Biden is doing nothing about it.

Further evidence? 46% of households are struggling.

In terms of housing prices, home prices are growing FASTER than average hourly earnings. Again!

Politicians. You can’t trust ANY of them with our money. Or a cookout.

Here is New Yprk Senator Chuck Schumer posing as a middle class American cooking gray hamburgers at super low heat with cheese on top of raw meat. What a fraud!