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ancianita

(42,669 posts)
11. All you can be confident of is that there are oligarchs.To confidently name hundreds only loyal to trump is
Thu Nov 13, 2025, 05:24 PM
Nov 13

near impossible, and so you can't even say hundreds exist.

What we can learn is
-- As of mid-2025, there were an estimated 132.6 million households in the United States (Staista and Trading Economics)
-- as of early 2025 (Jan - Mar) the top 1% -- 1,326,000 million -- of households in the U.S. held around 31% of the nation's total household wealth.
This share has generally increased over the past several decades, rising from about 23% in 1989.
(Federal Reserve, the U.S. Census Bureau, and the Congressional Budget Office)

The top 10% of households own roughly 93% of all stocks (wealth on paper),
while the bottom 50% have minimal stock market exposure.
In 2019, the top 1% of households controlled nearly 80% of the equity (less if liquidated) in private businesses.

31% is not everything owned by "a very few extremely wealthy men," and 80% of their household wealth is non-liquid equity and stock. On paper. Concentrated wealth isn't all wealth.

The nation's greatest ongoing asset is its people. Not the 1%.
Bernie Sanders knows this, and Democrats would do well to keep it in mind.

Otherwise, the unfounded habit of negativity and the feeling of futility sets in. That would put someone out of touch with voters that got us to the landslide wins in every state that held elections 9 days ago.

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