I wonder if you've ever looked at a graph of wealth accumulation of every economic strata in the US, or just inequality. There's nothing wrong with inequality if the poor are getting richer, have more access to resources, and a higher quality of life with time.
Except they're getting relatively poorer - having less access to housing, lower purchasing power, lesser access to medical care and are dying sooner (even before COVID).
Median wealth was the same in 1995 as it was in 2016 [0].
Median inflation adjusted household income was the same in 1974 as in 2016 [1]. If you go the full range it's gone from $54k to $67k between 1968 to 2021.
That is technically higher, but it's not CPI adjusted.
