This economy has produced staggering wealth for a few, including the world’s first trillionaire.
It’s also produced massive poverty and a generation of working Americans who can’t pay their bills. It’s a broken economy. The only path forward is reform.
Elon Musk’s net worth of $1.1 trillion is five million times as large as that of the typical family. The median American household had a net worth of just under $200,000 in 2022, the year with the most recent data available from the Federal Reserve. nyti.ms/4aL8sNH