Does the United States have a problem with a declining middle class.

[TBF]

3. This tells us very little - there are no income brackets and no way

to discern how much of the population is in each tier. What we can see from Federal Reserve data is that the top 1% holds 67% of the wealth in the country, while the bottom 50% holds 2.5% of total wealth. That shows us an extreme concentration of wealth at the very top of the income spectrum, no matter how you label folks. (using Q1 data from 2024, from the Fed Reserve)

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#:~:text=After%202019%2C%20marketable%2Dwealth%20data,%25%20in%202019:Q4).