The pie is growing slower than it ever has. Per capita GDP growth in the US has been close to 1% over the past 20 years. The majority of GDP growth has come fro

The pie is growing slower than it ever has. Per capita GDP growth in the US has been close to 1% over the past 20 years. The majority of GDP growth has come from population growth rather than increased personal wealth. The purchasing power gains made by US consumers, as cited in the article you linked, have been a result of an unsustainable current account deficit and growing national debt. Dollar strength is great for people who have a bunch of dollars, but for the working class it can be difficult because it hurts the competitiveness of US exports (and eventually domestic employment opportunities). The rich are consuming an increasingly large percentage of a very slowly growing pie, so while you are technically correct, you seem to be unfairly dismissing a real issue here.