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USA Today

The top 1% of American earners now own more wealth than the entire middle class

USA Today
Summary
Nutrition label

85% Informative

More than one-quarter of all household wealth belongs to Americans who earn enough money to rank in the top percentile by income.

The top 1% holds $38.7 trillion in wealth, more than the combined wealth of America ’s middle class.

The number of deca-millionaires has more than doubled since 2000 , an economist says.

The middle class still owns nearly two-fifths of the nation’s real estate, federal data show.

The modern economy rewards high-skilled workers, who cannot be easily replaced by a machine or algorithm.

The returns from investing in education have never been higher, Brown 's Friedman says.

VR Score

92

Informative language

94

Neutral language

31

Article tone

informal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links