I specifically used median income to make the point that we are NOT just more prosperous at the top, but at virtually every level of society.
That said, you're right that the gains over the past fifty years have been disproportionately captured by the people at the very top of the distribution, and we should address that with policy changes, including taxation. But we can do so without tossing the facts aside.
That said, you're right that the gains over the past fifty years have been disproportionately captured by the people at the very top of the distribution, and we should address that with policy changes, including taxation. But we can do so without tossing the facts aside.