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The real problem with income inequality isn't that top earners have prospered—it's that the bottom 30% are barely moving the needle. That's the crucial distinction most people miss.
The failure isn't celebrating success at the top. It's leaving millions stranded without meaningful progress. When you look at wage growth, asset accumulation, and economic mobility for that segment, the numbers tell a sobering story. Meanwhile, wealth concentration continues accelerating.
This matters for anyone thinking about markets and cycles. If purchasing power stagnates for the broader base while capital accumulates at the top, it reshapes consumer behavior, credit dynamics, and asset valuations. The structural imbalance isn't just a social issue—it's an economic headwind that compounds over time.