There’s an old saying: The more things change, the more they stay the same. But perhaps a more apt description of the modern-day US might be the more things don’t change, the worse it gets.
That’s certainly true for wealth inequality. The average net worth of the Forbes 400 list of richest Americans was 15 times greater last year than it was in 1982, according to the Institute for Policy Studies. Indeed, the richest 1% of Americans own more than half of all stock and mutual fund investments.
Along with the growth of poverty, since 2019 life expectancy in the US has also been on the decline, registering the largest two-year drop in a century.
That’s the American Dream in digest form, a paradise of wealth for the corporate elite but elusive prosperity for the many millions of working Americans who
