One big issue i have with this article is that it states: "Paul paints a rosy picture but doesn't mention that incomes for lower and middle-class families have

One big issue i have with this article is that it states: "Paul paints a rosy picture but doesn't mention that incomes for lower and middle-class families have fallen since the 80s." And then goes on to present wealth charts. However, wealth =! income. The pew research source of data which is here: https://www.pewresearch.org/social-trends/2013/02/21/appendix-b-data-sources-2/ https://www.pewresearch.org/social-trends/2013/02/21/appendi... Points to this article from the fed: https://www.federalreserve.gov/econres/notes/feds-notes/wealth-and-income-concentration-in-the-scf-20200928.htm https://www.federalreserve.gov/econres/notes/feds-notes/weal... which defines wealth = "difference between the market value of assets owned by a family and the amount owed in debts..." OR restated succinctly, household assets - liabilities. The definition from the fed says nothing on income. Now that we can state the problem the author has cited is regarding wealth inequality, let's talk about it. One would expect wealth inequality to keep growing, perhaps infinitely, since the people earning income to buy more wealth (w2s , 1099s) have to contend with a continuously depreciating currency, which is not a problem for longtime wealth holders. Inflation alone does not hurt stocks, real estate owners, etc. It hurts pensioners and labor directly, though.