Is wealth inequality leading to a class war?

David Gergen : In the past four decades , the gap between rich and poor has grown significantly.

The more wealth there is at the top, the more inequality there is because there’s less to go around for everyone else, Gergen says.

He says the top 10 percent of households had an average net worth of nearly $7 million and own more than two-thirds of household wealth.

The fact that so few people own so much wealth is a threat to democracy, he says.

Musk likely gained access to so much power because he spent millions of dollars on the election last year in an attempt to help Republicans win.

He operates by different rules than everyone else because he can simply buy his way to the White House .

It’s not necessarily the case that America is on the brink of a class war, but the economy might course-correct.