The affluent are growing more affluent than ever.
The rest of Americans are growing poorer than ever.
That state of affairs does not bode well for any nation that is a democratic republic.
You folks can give us all the Willy May rags to riches stories you want, but those statistical outliers do not change the fact that the aggregate statistics are still showing a upward trend in incomes and wealth maldistribution.
This is horse crap.
FACT....The NUMBER of people reaching affluence is increasing.
There is NO SUCH THING as wealth distribution.
The zero sum game is a myth.
Wealth does not exist in a vacuum. There is no 'share'..There is no 'pie'...
Wealth is created.
Wealth is created by working Americans
They are accumulating a smaller and smaller portion of the wealth that they create
Who is to blame?
For a moment, let us stipulate that what you claim is true.
The blame? Easy. That falls squarely on the shoulders of those who create it.
How is this done? Also simple. Those who live beyond their means. By spending too much of their wealth on 'wants'.
BTW, define 'working Americans'...Keep in mind that 'working' is NOT exclusive to those in blue collar occupations.
Here's an example of one of those who make a very good living yet have no 'accumulated wealth'....
I have a friend who works a lot of hours. His income is well into the six figures. He is blue collar.. Hourly. Plenty of OT..
He is married, his wife does not work. They have two young children.
His wife has a problem with poor money management. She spends on impulse.
The girls both compete in cheer leading. He told me that the schedule or travel, fees, lodging, meals and fuel will be roughly $8,000. There is also a $500 per month charge for the girls to attend tumbling and practice. That is an additional $6,000 per year.
He told me that despite his income, they have no savings.
Now, is poor money management MY problem?
Is it MY problem when someone buys too much house?
Is it MY problem is someone must have toys?
Is it MY problem is someone makes a very good living only to squander their money on trips, toys and cars?