Absent From Income Inequality “Debate:” Everything is Amazing & Nobody’s Happy

14 Jul

The data is what it is; more income (and hence wealth) is accruing to those at the very top (think top 0.1% instead of top 5% or 1%) while real wages are stagnant if not declining.  That being said, I seldom if ever hear pundits or politicians mention anything about cost/standard of living, absent some economics blogs and papers (which only myself and a tiny tiny portion of the population reads, anyway).

I think Economist/Comedian Louis CK explains it better than I ever could:

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