Wednesday, December 03, 2025

The wealth of the top 1% reaches a record $52 trillion

The top 1% have seen their wealth increase by $4 trillion over the past year, an increase of 7%. Their wealth hit a record $52 trillion in the second quarter. The top 0.1% saw their wealth grow by 10% over the past year. Since the pandemic, the top 0.1%, or those with a net worth of at least $46 million, have seen their total wealth nearly double to over $23 trillion.

Posted by qcp at 09:22 AM | 32 COMMENTS | permalink

Comments

And still some of you continue to believe that poor immigrants are the problem.

#1 | Posted by qcp at 2025-12-03 09:23 AM

Should be obvious by now why they bought Republicans to pass Citizens United and purchased DJT outright to take money from the poor and give it to them.

Unless one is in a Cult.

#2 | Posted by Corky at 2025-12-03 09:47 AM

"pass Citizens United"

really?

#3 | Posted by eberly at 2025-12-03 10:24 AM

Yes, really.

www.google.com

www.brennancenter.org

#4 | Posted by Corky at 2025-12-03 10:38 AM

LOL....I'm familiar with CU.

But it was a supreme court decision.....it was a decision.

It wasn't passed. It's not legislation.

#5 | Posted by eberly at 2025-12-03 10:42 AM

It passed in the rwing SC... Mr. Semantics.

Let us know if you ever have a serious argument to the point being made.

passed in the supreme court

www.google.com

#6 | Posted by Corky at 2025-12-03 10:47 AM

-Mr. Semantics.

"passed" only refers to legislation. court cases are "decided".

Senior moment? or did you really not know that?

For as much as you reference CU, you'd think you could make the distinction.

It's like when someone says we scored 7 points in a baseball game.

It's "runs"....not points.

semantics? that's what the person saying "points" would deflect with.

#7 | Posted by eberly at 2025-12-03 10:51 AM

-Let us know if you ever have a serious argument to the point being made.

agreed. Pointing out you don't know the difference between a court case and a specific piece of legislation isn't serious.

funny.....but not serious.

Now, to the article.....it's a fact that wealth is trickling upward at a very alarming pace and it's been doing that for way too long.

And it's happening in the US far more than anywhere else. So....does that shine the light on CU more? Tax policy? Yes on both, for sure.

Is there another solution besides this issue being a campaign issue that one side wins? Meaning.....the democrats need to run on this and start winning more. But.....do their own voters get this?

You do.....and I do. But I'm skeptical that very many people get the realistic impact of this upward trickle. Actually, I hate saying "trickle" as to suggest it's happening slowly.

More like "flow" or "strong flow"......

#8 | Posted by eberly at 2025-12-03 10:57 AM

No wonder the good-for-nothing parasitical zillionaire oligarchs like the Trumpf Crime Family (TCF) throw gala 'reveal parties' for their equally good-for-nothing heirs who will never, ever struggle with school loans, medical bills, home mortgages, finding gainful employment, buying nutritious food, or caring for an elderly parent or sick relative.

But let's blame the Somalis and migrants for our poverty and problems, right?


#9 | Posted by C0RI0LANUS at 2025-12-03 10:57 AM

#7

I see you couldn't be bothered to click the link in #6 and learn that a bit of ambiguity doesn't dismiss a point, and that the phrasing I used would not have fooled a 5th grader.

Your struggles to try to disagree with people merely for the sake of disagreement are childish at best. But hey, it's prolly better than your usual, 'you suck!' posts.


#10 | Posted by Corky at 2025-12-03 11:09 AM

But I'm skeptical that very many people get the realistic impact of this upward trickle.
#8 | Posted by eberly

What's the realistic impact of this upward "trickle?"

#11 | Posted by snoofy at 2025-12-03 11:36 AM

The CU case was "Judicial Activism", the SCOTUS essentially Legislated that from the Bench. Something Ithought the Republicans were, Oh So, Against.

Hypocritical Behavior is the Norm with them.

How they ruled "Money is Speech"and made it binding in every case is textbook Judicial Overreach.

Making Law is not their Job.

#12 | Posted by Effeteposer at 2025-12-03 12:31 PM

10 | Posted by Corky at 2025-12-03 11:09 AM | Reply | Flag: I suck

#13 | Posted by eberly at 2025-12-03 12:36 PM

11

Yeah....you can answer your own question. you're not asking because you think I know the answer when you don't.

#14 | Posted by eberly at 2025-12-03 12:38 PM

you're not asking because you think I know the answer when you don't.
#14 | Posted by eberly

I'm asking because I would like to hear your answer.
I'm also asking because you said most people don't know.

#15 | Posted by snoofy at 2025-12-03 12:44 PM

"Trickle or no trickle, I got mine!"


#16 | Posted by C0RI0LANUS at 2025-12-03 12:58 PM

It's a huge factor in why housing is unaffordable.

It's impacting election results, access to healthcare, technology, education.

#17 | Posted by eberly at 2025-12-03 01:06 PM

So.....boring answer you can't twist into what you want?

#18 | Posted by eberly at 2025-12-03 01:25 PM

"It's a huge factor in why housing is unaffordable." --Eberly

"But I'm skeptical that very many people get the realistic impact of this upward trickle." --Also Eberly

You think most people don't know the rise of the billionaire class is why housing is unaffordable, why health care is unaffordable, why electricity is going up, and why Trump is President?

I mean, sure, people are stupid. But you really think they're that stupid?

"It's The Economy, Stupid."

#19 | Posted by snoofy at 2025-12-03 01:32 PM

and why Trump is President?

#19 | Posted by snoofy at 2025-12-03 01:32 PM | Reply | Flag

Good question, considering Harris out moneyed him...

#20 | Posted by lfthndthrds at 2025-12-03 02:08 PM

President piggy is president because a substantial number of Americans are either stupid or evil or both

That is a simple fact

#21 | Posted by Truthhurts at 2025-12-03 02:38 PM

And before one of u ----- try and bothsides this ----. If Harris was president the big -------- bill would not have been passed

#22 | Posted by truthhurts at 2025-12-03 02:46 PM

-If Harris was president the big -------- bill would not have been passed

okay but the subject of the thread is upward flow of wealth.

which would be the case if Harris was the president.

Just like with Biden

And Obama

#23 | Posted by eberly at 2025-12-03 04:17 PM

usafacts.org

#24 | Posted by eberly at 2025-12-03 04:20 PM

#23

Facts

#25 | Posted by rstybeach11 at 2025-12-03 04:27 PM

- which would be the case if Harris was the president.

The Elites would still have the upwards flow, but it wouldn't be quite as bad.

Better isn't great, it's just better.

#26 | Posted by Corky at 2025-12-03 04:42 PM

"Since 1975, practically all the gains in household income have gone to the top 20% of households."

Fifty years of income inequality almost exclusively enriching the top 20% is why the bottom 80% of America is circling the drain.

Republicans think more tax cuts for the rich will help.

#27 | Posted by snoofy at 2025-12-03 04:42 PM

-The Elites would still have the upwards flow, but it wouldn't be quite as bad.

why not?

#28 | Posted by eberly at 2025-12-03 04:46 PM

"Why not?"

Well, we wouldn't be blowing $150,000,000,000 to have ICE reduce GDP by a percent or so, for example.

#29 | Posted by snoofy at 2025-12-03 04:48 PM

We wouldn't have charged the People for Tariffs or given the Elite the largest transfer of wealth from poor and middle class and seniors upwards or increased health care costs... among tons of other stupid unhelpful --- Republicans have done.

#30 | Posted by Corky at 2025-12-03 05:12 PM

The 1% will tell you the poor child in school getting a baloney sandwich for lunch is the problem with society while they systematically hoard all the wealth created by other peoples labor.

The 1% are the cancer that is killing the American dream.

#31 | Posted by Nixon at 2025-12-04 12:10 PM

America is circling the bowl right now.

Elysium is coming closer and closer.

#32 | Posted by Nixon at 2025-12-04 12:12 PM

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