Surging stock market, Trump policies boost wealth for top 1%
AI Summary
The wealthiest 1% of Americans now own nearly a third of the nation's total wealth, marking the highest percentage since tracking began in 1989. This surge is largely attributed to the stock market's impressive growth and policies enacted during the Trump administration, which have disproportionately benefited the affluent. This growing wealth gap raises significant concerns about economic equity and the future of social mobility in the U.S.
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