> ... U.S. wealth inequality is more pronounced than income inequality. This should be obvious? Wealth can grow exponentially and more or less indefinitely, bu

> ... U.S. wealth inequality is more pronounced than income inequality. This should be obvious? Wealth can grow exponentially and more or less indefinitely, but income does not. Since 1990, median hourly wages are beating inflation by a slim margin. An investment in the S&P 500 in 1990, adjusted for inflation, would be worth 7x. With 4 companies now in the Trillion Dollar Club, that inequality seems to be accelerating. Does that imply that Americans are not wealthy because they don't plan their finances for the purpose of growing wealth? Andrew Yang wants to help with UBI, but I wonder if people would simply spend up to their new income and be in the same 3 month boat. They'd have more stuff and more fun and eat better and live in a better location. But many would still 3 months from insolvency. Personal financial management should be taught as a life skill in high school. technically, it does, but in practical terms, there is essentially no wage growth above inflation, 7% since 1990: https://www.brookings.edu/blog/up-front/2019/09/10/are-wages-rising-falling-or-stagnating/# https://www.brookings.edu/blog/up-front/2019/09/10/are-wages...