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- Axios reports that almost half of Americans are “very concerned” about rising inequality, citing a survey from research firm CivicScience.
- The survey found 78% of Americans are “somewhat” concerned about the rise in inequality, while 48% are “very.”
- As Axios notes, Morning Consult data found that, while consumer confidence has dipped overall since March, higher-income earners who make over $100,000 per year actually grew in theirs.
- Confidence dropped among those making $50,000 to $100,000.
- During the coronavirus pandemic, American billionaires have seen their collective net worths grow to $4 trillion.
- Per the Pew Research Center, almost half of lower-income adults struggled to pay their bills during the coronavirus pandemic.
- But even some billionaires have been raising the alarm on income inequality for some time.
- In May, JPMorgan CEO Jamie Dimon said the pandemic was a “wake-up call” for addressing inequality.
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