This is not the post-war economic boom of 1945, where people at all socioeconomic levels saw their wealth and purchase power increase. It’s not America getting wealthier; it’s the American aristocracy. Misleading to title the article as the wealth of “America” when we’re talking about so few citizens.
America Has Never Been Wealthier. Here’s Why It Doesn’t Feel That Way.
A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.
nytimes.com