Lotsa charts and graphs. The above presents the general picture. The top of the town is doing great; "the little people," not so much.
Probably the chief reason that Donald Trump won the election.
The establishment Democrats, living in their latté liberal bubble, thought that "everyone" was doing great under President Obama. NOT.
Inequality Update: Who Gains When Income Grows?
Pavlina Tcherneva | Assistant Professor of Economics at Bard College, Research Scholar at The Levy Economics Institute, and Senior Research Associate at the Center for Full Employment and Price Stability