Income inequality hasn't increased in the US since 2014, and sharply /decreased/ since 2019. The current administration did an amazing job at improving it!
(Note this is about wage inequality, which strictly speaking isn't income inequality. The best policy for income inequality would be bringing back the expanded CTC.)
But the median voter doesn't actually like this, because they have above-median income due to being older, and this means service workers got more expensive.
Not only is wage inequality strictly speaking not income inequality, but income equality strictly speaking is not wealth inequality. The big problem is wealth inequality. Even if incomes were entirely equalized today, wealth inequality and its pernicious effects would persist for a long time.
Do you hear yourself? In one breath you agree with me that income inequality is rising, and then say it’s bad for service workers to have higher wages.
No, I said 1. income inequality stopped increasing in 2014. 2. wage inequality is /falling/. 2. median voters (who are upper-middle-class) want it to go back up.
Income inequality is stalled because some benefits from 2020 expired, namely the expanded CTC, and we should really fix that.
