The wealth gap among Americans is widening. Want to save enough to buy one unit of the Dow Jones Industrial Average? Currently, the average work hours needed are 1,295 hours. Compare that to the market rallies in 2017 and 2020, which only required about 800 hours. Even more shocking, this number has increased more than four times since the 2008 financial crisis.



Why? It's simple. The Dow Jones Index has risen 629% since then, a solid bull market. But what about the average hourly wage of regular workers? It has only increased by 67%, now averaging $36.86. Do the math — the stock market has increased nearly ten times more than wages. What does this mean? Those with assets are making a fortune, while those without assets and relying solely on income from work are falling further behind.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
GateUser-c802f0e8vip
· 01-10 01:59
It's really heartbreaking. It takes 1295 hours of work to buy one unit of DOW. Why is there such a tenfold gap? Those with assets have already taken off.
View OriginalReply0
ApeWithNoFearvip
· 01-09 14:37
1295 hours? Man, hearing that number makes my head hurt. I'd rather just go all in on a certain coin and take a gamble.
View OriginalReply0
OnchainDetectivevip
· 01-07 03:56
Wait a minute, I need to analyze the logic behind this data... 629% versus 67%? The gap is just too bizarre. According to on-chain data, signs of this kind of uneven fund distribution have been evident for a while, and I guessed it early on. Obvious fund correlation—asset holders arbitrage through the stock market, while ordinary wages stagnate—this is a classic wealth siphoning technique.
View OriginalReply0
GateUser-a180694bvip
· 01-07 03:56
1295 hours? Come on, I should have gone all in on crypto long ago, at least there's still a chance to double my investment.
View OriginalReply0
MidnightSellervip
· 01-07 03:53
1295 hours? Selling coins makes more money than working, this data is really eye-opening --- Again with this routine, those with coins and stocks are printing money, while workers' hard-earned wages are being diluted into scraps --- 629% increase vs 67% salary, this gap clearly tells you not to expect your job to change your fate --- No wonder everyone wants to get on board; waiting passively can only make you poorer and poorer --- So why are some people still not allocating assets? Do they really want to get cut? --- Wages can't keep up with the stock market's tenfold growth; this game is simply not playable for ordinary people --- Since 2008, quadrupling in value—does this mean the American Dream is really like this? --- Holding assets vs selling time, the choice has actually been made long ago --- No wonder everyone is trading coins and doing side jobs; just working alone is really slow to death
View OriginalReply0
rugpull_ptsdvip
· 01-07 03:48
Oh no, this data is incredible, 1295 hours? I’m completely stunned. --- The stock market increases tenfold while wages only double—that’s reality. Without assets, you’re truly pinned to the ground. --- So we still have to get on board, everyone. Just working a job really leaves no way out. --- 629% versus 67%... This isn’t about finance; it’s about two different worlds. --- I should have gone all-in on crypto earlier. At least with more volatility, there are more opportunities—better than just waiting to die. --- Looking at this data, I understand why more and more people are entering the market. Traditional jobs really can’t save you. --- If the Dow Jones is like this, those holding coins must be having a blast. --- What can you do with 1295 hours? How long would it take to save up for an index fund? --- No wonder everyone is looking for side projects; a single salary really isn’t enough.
View OriginalReply0
RumbleValidatorvip
· 01-07 03:44
629% vs 67%, this data itself is the best explanation, no need to argue.
View OriginalReply0
SocialFiQueenvip
· 01-07 03:38
It's the same old story. The wealthy are getting richer, while the working class is getting more competitive. Isn't this standard operation... Unless you've already jumped on the bandwagon, otherwise just wait to be cut off.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)