As Americans overall grow more worried about inequality, those making $100,000 and up are surging in consumer confidence

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As Americans overall grow more worried about inequality, those making $100,000 and up are surging in consumer confidence
Stuart Malcolm, a doctor with the Haight Ashbury Free Clinic, speaks with homeless people about the coronavirus in San Francisco on March 17, 2020.Josh Edelson/AFP/Getty Images
  • 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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