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this post was submitted on 25 Jun 2025
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By "we", do you mean the US? (I'm guessing based on the dad here living in a US state.)
My impression is that US billionaires and large corporations are rich, but most US residents and social benefit programs are not.
That all depends on what you classify as rich.
Certainly: median income isn't amazingly rich, around here half of households have an income of $75,000 per year, or less. Not a lot when houses cost $300,000 and up.
The social benefits programs are very blurry- people who pay a lot in to social security take a lot out - if you were never fortunate enough to have a high paying job, you don't get much.
Large corporations, by definition, flow a lot of money - some enrich their shareholders more than others.
All told, the real problem with the US is that income inequality has been going in the wrong direction (greater) for decades.