Sometime around age 50, the average American can now expect a net worth exceeding $1 million. How did so many 50-somethings become millionaires?
www.usatoday.com
From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. Itās the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging
home values and rising stock ownership fed the surge.
Are Republicans going to come back and say yea but Those numbers are averages, and the super-rich drive them waaaay up?
Republicans, if you are in your 50's and you only have $300K in wealth, who's fault is that? We've told you that since 1978 to now CEO pay has gone up 1322% but our pay has only gone up 18% in that same time.
Also, unions made huge gains for the middle class last year. If you aren't in a union and struggling, perhaps you need to join or form a union. With Biden's support, he MAGA for them.
The rich should love Biden. He's better than Trump to them. The numbers show it. Unemployment, wages, stock market,
And don't say inflation because even Ron DeSantis and Christie admitted when they ran against him his policies doubled the debt and set the stage for the inflation we are dealing with now.