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US wealth by wealth percentile group. 50% of households own 2.5% of the nation’s wealth.
(lemmy.world)
Source: Federal Reserve
this post was submitted on 23 Aug 2025
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These are federal statistics. I wouldn't trust those, especially not since Trump tries his best to skim and remove anything he doesn't like.
The reality is way worse. The 1% holds far more than the graph shows.
The top 1% owns about 30% of the wealth, and the top 10% owns about 67% according to this graph. That doesn't seem too far fetched, I wouldn't assume absolutely every statistic has been manipulated quite yet.
Hence why they're now trying to "Modernize" government pages. They can't find anything that isn't presented to them in a feed and probably have missed this so far.
True, but do you trust any data from the untrustworthy?
I mean, kind of. It was only 3 weeks ago that trump fired the head of the BLS because of the employment numbers making him look bad, clearly he hasn't gone through all the agencies yet to make all their numbers meaningless.
You don't think the chilling effect has already taken hold? Anyone who likes job security over integrity is already compromised.
A lot of the employees are just doing their jobs and don't really care who is in charge. If they haven't already been fired and replaced, then there's a pretty good chance they won't be.