While millions of Americans are struggling to afford basic items under Biden and the staggering inflation on his watch, one group of people in the country are doing great. The extremely wealthy.

In other words, Biden has been great for the people who the left describe as the one percent.

Bernie Sanders doesn’t complain about the one percent as much as he used to, because he is now a member of the club. In fact, Bernie wants people to vote for Biden.

For all of their talk about income inequality in the past, Democrats are now the party of the rich. There’s nothing wrong with being rich, but liberals don’t seem to want other people to be prosperous as well.

Breitbart News reports:

Joe Biden’s America: Wealthiest 1% Set Record with $44 Trillion Total Net Worth

The wealthiest one percent in President Joe Biden’s America set a record with a net worth of $44 trillion at the end of the fourth quarter, U.S. Federal Reserve data revealed.

Biden casts his administration as opposed to the widening wealth gap, even though a majority of Americans still live paycheck to paycheck, a recent LendingClub study found, raising concerns that so-called “Bidenomics” failed to help average Americans.

A majority of voters are “worse off financially” under Biden, up 25 points since he assumed office in 2021, a Fox News poll found Wednesday.

The fourth quarter gains resulted from stock holdings, thanks to an end-of-year rally, CNBC reported:

The total net worth of the top 1%, defined by the Fed as those with wealth over $11 million, increased by $2 trillion in the fourth quarter. All of the gains came from their stock holdings. The value of corporate equities and mutual fund shares held by the top 1% surged to $19.7 trillion from $17.65 trillion the previous quarter.

It’s ironic, isn’t it?

Democrats have become the Party of rich elites! pic.twitter.com/HP1vo8HiJM

— Wayne Dunlap (@wdunlap) March 29, 2024

The Biden campaign keeps boasting about how much money they are raising from rich Democrats and powerful special interests. Is this the first campaign in history to brag about being bought and paid for?

— Stephen Miller (@StephenM) March 29, 2024

Republicans are now the party of the working class, which has been abandoned by the Democrats for years.

The post One Group of Americans is Doing Very Well Under Biden – The Extremely Rich appeared first on The Gateway Pundit.