Thank you for pointing this out. Another thing that is implied by this "doom and gloom" article is that there is no way out of poverty for those 80%. This is ca

Thank you for pointing this out. Another thing that is implied by this "doom and gloom" article is that there is no way out of poverty for those 80%. This is categorically incorrect. I grew up in poverty. A family with 9 kids, a widow, an underemployed older step-father, living on SSI and survivor benefits. We had to drink powdered milk because our welfare couldn't afford real milk. We didn't have any money for school or college. We didn't have any medical benefits or healthcare, so when we got sick or needed stitches, our mom would have to use butterfly bandages and hope we got better. I worked hard, had a job since I was 12 delivering newspapers, and somehow saved enough to go to school without going into massive student debt. I moved out of flyover country to the NYC area. Today, I'm an accomplished software engineer with a wife and 2 kids, making $500K+ and saving over 50% of my income because I'm not going to make my kids have to live in the poverty I grew up in. Very few other places in the world allow this upward mobility, in a single generation, from poverty, to upper middle class. All you have to do is work hard and educate yourself. You can learn how to be a software engineer from free material online, and even if you don't have enough money to buy a computer to do so, you can wash dishes or deliver newspapers like I did to save up enough money to do so. People do it all the time. I'm living proof. The wealth gap is troubling, but to act as if there is no upward mobility is disingenuous.