Not only is it widening but the bottom 90% is having to share an ever-shrinking slice of the pie.
After the crash of 2008 millions of people, particularly real estates agents, sought new lines of work. A substantial portion of them hung up their shingles overnight as Twitter consultants. I say this because sites like Linkedin were suddenly swamped with people offering to teach you how to make fast money by twittering. Or is it tweeting? I can never remember. I really don’t care either. It’s a fatuous concept.
The lesson here is that if you are going to survive and thrive you need to do some serious upgrading of your skills set. Any field that allows you to step in overnight and proclaim yourself an expert and consultant is to be avoided.
You should take a few minutes to watch this video on the growing income gap in America. When I was younger people used to joke about places like Brazil because a handful of people owned everything. Well, we are headed that way ourselves and no one is interested in doing anything about it. It’s every man and woman for themselves.
Wealth Inequality in America
You can read an article on this here.