The Dow Jones Industrials stands today (12/26/2025) at $48,176, up from $21,917 at 03/2020, a total increase of 120%, for an annual increase of 14.7%; up from $839 (1970), for an annual increase of 7.8%.
The S&P 500 stands today (12/26/2025) at $6930, up from $2585 at 03/2020, a total increase of 168%, for an annual increase of 18.7%; up from $92 (1970), for an annual increase of 8.3%.
The Nasdaq stands today (12/26/2025) at $23,593, up from $7700 at 03/2020, a total increase of 206%, for an annual increase of 21.5%; up from $101 (1970), for an annual increase of 10.6%.
The price of gold stands today (12/26/2025) at $4562, up from $1634 at 10/2022, a total increase of 179%, for an annual increase of 37.2%; up from $36 (1970), for an annual increase of 9.4%.
The full-time worker’s annual median wage (Q4, 2025) stands at $62,192, up from $52,000 in 2020, a total increase of 19.6%, for an annual increase of 3.6%; up from $9870 (1970), for an annual increase of 3.5%.
While 62% of Americans own stock, 90% of total stock market wealth is owned by the top 10% of Americans, 50% is owned by the top 1%, and less than 1% is owned by the bottom 50%.
Just so you know, strong gold is a weak dollar. 40% of privately owned gold in the USA is owned by the top 1%, 65% of privately owned gold in the USA is owned by the top 10%.
Median family income in 2023 dollars (inflation adjusted) was $105,800 in 2024 and $66,700 in 1970, a total increase of 58.6%, an annual increase of 0.86%.
Elon Musk and more than a few other American multi-billionaires have paid ZERO federal income taxes, ZERO FICA (Social Security) taxes, ZERO Medicare taxes, ZERO state and local income taxes for years. How is that possible? Because all these taxes are based (quite legally) on “taxable Income” and that is a measure of wages and salaries, not of wealth or Net Worth. If you had their money, wouldn’t you want to fuck the IRS yourself? I hope not.
No doubt we are living in a gangbusters’ economy! But was it gangbusters for you? Are you part of our Gangbusters' Economy? Why not?
If you are OK with these factoids, then you got what you deserve. If this INEQUALITY disturbs you, you live in a democracy where the People rule, and in a democracy the people get what they deserve. If this disturbs you, what are you gonna do about it? It really is in your hands if you and enough of our fellow citizens act like it! Act like it!
Note:
My source for GDP numbers was https://fred.stlouisfed.org/series/GDP/. My source for the stock exchange was finance.yahoo.com. My source for wages was … there are too many and I chose by accident. In all these cases, numbers were NOT inflation adjusted. Inflation adjusted median wages since 1970 have actually gone down. Put that in your pipe.
I wrote this piece to piss you off; if I failed, it’s on me. But it may be on you.
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