New government figures showing the wealthiest 1% of Americans now owns over one-third of the country's wealth by reasserting calls for systemic reforms to tackle the highest economic inequality of any major developed nation in the world. 'Obscene,' Says Sanders After CBO Reports Richest 1% Now Owns Over 1/3 of US Wealth "In the richest country on Earth, the time is long overdue for us to create a government and an economy that works for all of us, not just the 1%. Inequality produces crime and if left unchecked could lead to fascism, we have to stop it now.
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