Bifurcation of the Economy

The current U.S. economy reflects a clear divide between those with assets and those without, creating a growing disparity that resembles conditions during the Great Depression for the lower and middle classes. Those without assets, including many in the upper middle class, are struggling to make ends meet, while individuals with assets continue to experience increased purchasing power. This widening gap is further exacerbated by an economy that largely relies on the purchasing power generated from asset ownership. As a result, the wealthy are becoming fewer, while those facing economic hardship are increasing in number, raising concerns about the sustainability of such an economic divide.