was doing a research paper and stumbled across some crazy
Millennials may dominate the US workforce, but recent Fed data finds they only hold 4.6% of US wealth.

The generation holds just 4.6%, or $5.19 trillion, of US wealth, Bloomberg reported, citing recent Federal Reserve data. Boomers, however, are 10 times wealthier. They hold 53.2%, or $59.96 trillion, of US wealth. That's also twice the $28.5 trillion of US wealth that Gen X holds.

how much of the pie is gonna be left over for gen z?

businessinsider.com/millennials-versus-boomers-wealth-gap-2020-10

"the total real wealth of U.S. families tripled over those 30 years, the growth was dramatically unequal"

cbo.gov/system/files/2022-09/57598-family-wealth.pdf

commondreams.org/news/2022/09/28/obscene-says-sanders-after-cbo-reports-richest-1-now-owns-over-13-us-wealth

"White, non-Hispanic families own 86 percent of the total wealth in the United States, while Black, non-Hispanic families own just 3 percent, our a***ysis of data from the SCF indicates. This is the result of historic and ongoing racism and discrimination—including in our public policies—that advantaged white communities and systemically marginalized Black, brown and Indigenous communities.5"

itep.org/the-geographic-distribution-of-extreme-wealth-in-the-u-s/#_edn5

Middle Class Slowly Being Eradicated: 50% Of All American Workers Made Less Than $3,133 A Month Last Year

"Inflation is systematically destroying our standard of living, and the middle class is shrinking a little bit more with each passing day. The Social Security Administration just released wage statistics for 2021, and the numbers that they have given us are quite stunning. As you will see below, half of all American workers made less than $3,133 a month last year. Once upon a time, you could live a very comfortable middle class lifestyle on $3,133 a month. But thanks to inflation, such a wage now puts you just barely above the poverty level. The decisions that our leaders have been making are absolutely eviscerating the middle class, and that should deeply trouble all of us."

thewashingtonstandard.com/middle-class-slowly-being-eradicated-50-of-all-american-workers-made-less-than-3133-a-month-last-year

Wages in the U.S. have stagnated since the early 1970s. Between 1979 and 2020, workers’ wages grew by 17.5% while productivity grew over three times as fast at 61.8%.

epi.org/productivity-pay-gap

CEO pay has skyrocketed 1,322% since 1978
CEOs were paid 351 times as much as a typical worker in 2020

epi.org/publication/ceo-pay-in-2020

wealth transfer visualized here with a good source:
reddit.com/r/dataisbeautiful/comments/l1upf8/oc_the_rich_got_richer_during_the_pandemic_well

these are all from pretty solid sources too...
tldr: wtf?

Trickle-down economics works so well man

Working class should go on strike in every industry

there are bigger forces out there controlling our lives and we don't/can't do s***, it is what it is

yall sum b****es forreal

Y’all just some broke bois

Materially incorrect

Gen z bout to be a whole Lotta Robin Hoods

You can’t do s*** WITHIN the system that f***s you

Make your own system to seek your solutions

Boomers benefited so much, got their wealth then cut everything that helped them get to where they’re at. Such terrible people from that generation.

you cant get nobody from this generation to build with or pool your resources with so stfu

That’s just how the system works

Boomers happened the last to see that s*** through

can't wait for the Yecosystem

You are probably getting the shortest end of this stick considering you’re a southerner with a Pitbull avi

Why do you keep defending corruption

i aint the one complaining son

Nobody itt is complaining theyre simply pointing out truthful problems that we gotta solve

we?

Kanye is still a billionaire who’s still trying to get respect from other billionaires

You’re still shackled

I think it would be in your best interest

What type of defeatist attitude is this lmao

Real sht

Things gonna get worse before they’re better

The Bread and Circuses will have to stop

thank you cutie