Episode
Wealth Gap Widens as Rich Get Richer
- Published
- Jun 17, 2026
- Duration seconds
- 112
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Summary
The top 1% of Americans now own nearly a third of the nation’s wealth — the highest share since the Fed began tracking in 1989. Driven by stock market surges fueled by tax cuts and inflation biting hardest at middle- and lower-income households, the gap is widening faster than ever. Economists warn this mirrors pre-Depression inequality, and while some billionaires flee high-tax states, others stay — even as proposals for wealth taxes gain traction. The Fed confirms the divide: the rich barely feel inflation, while others scramble to make ends meet. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/460eceac009edb06