Income Wealth Inequality

Your link shows inequality growing. There is income inequality and wealth inequality and both have been growing. Incomes rise while everything around you gets much more expensive, especially assets.

Citation very much needed.https://www.pewresearch.org/social-trends/2020/01/09/trends-...

That's not what the data says. https://www.pewresearch.org/social-trends/2020/01/09/trends-...Income and wealth inequality is increasing, not decreasing. Meaning people's quality of life is decreasing.

If I'm not mistaken, the whole society is getting wealthier, it's just some people are getting wealthier faster than the others - so it's still a sum-positive.Here are the source charts:https://ourworldindata.org/happiness-and-income-inequality

Your "precise statement" was a manipulative statement, for which both the question and answer are meaningless. Just because you state a question does not mean you get to dictate the discussion. Growth of income is one thing, but the far more important thing is wealth inequality, and the U.S. has one of the worse in the world, especially for a developed nation. As wealth inequality goes up, more people die, more people suffer, etc.Here's the equivalent of your statement: If I th

Inequality has been increasing over time. https://en.wikipedia.org/wiki/Gini_coefficient#World_income_... Especially recently in the US https://en.wikipedia.org/wiki/Income_inequality_in_the_Un

The article seems to suggest gains going to the top only.Here's a list of improvements since the 1930s that all of society, especially in the West, has experienced:1. Massive increase in average lifespans2. Lowest per capita crime rate in history3. 70+ years without a world war, a relatively peaceful geopolitical climate4. Meteoric literacy rates, and high school completion rates5. Lowest incidence of per capita death by infectious diseases. Elimination of many deadly dise

Inequalities are shrinking not because everyone is getting richer but because the middle class is being hollowed out. People who used to be middle income earners are now low income earners making them more in line with the working class who were always low income earners. #progress

This has already been happening. The gap between wealthy and poor is increasing and the middle class is squeezed. Interestingly, simultaneously, the level of the poor has been rising from extreme poverty to something better so we can claim that the world is relatively better off even though it is also getting more unequal.

no, the rich and poor are getting richer. it's just that the rich are getting rich faster.