This is among the most idiotic left-wing horseshit “points”. Observe:
You have $1,000 and I have $100. The “gap” is $900.
Next year you double your money to $2,000 and mine increases ten fold to $1,000. You’re happy, I’m thrilled. But the gap has now increased from $900 to $1,000. Very disturbing because the gap is increasing.
The following year you drop down to $80 from $2,000 and I drop down to $90 from $1,000. We’re both miserable and much worse off than we were, but the “gap” is now a mere $10. SUCCESS!
The “gap” is the dumbest measure of all time.
Back in reality, US wages have remained stagnant since the early 1970s in inflation-adjusted dollars.
The pie has grown enormous.
But only the few at the top are benefiting from the increase in wealth.
Case in point, automobiles. I remember when the slogan was, "Buy new every two."
Now people are routinely asked to bring their *Payment book* with them to purchase a new care: companies are offering 7-year car loans; and most people lease (which costs a LOT more in the long term, even though you have the illusion of always having a newer-ish car).
It's not because the purchasing power of the average person has improved markedly: it used to be a man could graduate high school, take a factory job, and support a family in a lower-middle-class lifestyle, on his income alone.
Now to get a middle-class lifestyle, it takes both spouses working full-time with college degrees -- which must be paid off.
Speaking of college, it used to be one could work part time during the school year, and full time over the summer, at low-end retail or waitressing jobs, and exit college with a degree and no debt.
How often does *that* happen anymore?
And the quality of the education has markedly decreased: not only is one usually taught by bitter adjuncts or foreign teaching assistants, but the content of the coursework is SWJ converged Marxism and Snowflake Studies with a minor in self-pity: of little interest to future employers.
The same few vermin in the upper tiers, are getting rich off of this as well.
Moron.