According to this vid which I assume is true, over the last 65 years income levels have stayed the same in the almighty usa, yet wealth among the top percent has grown.
So basically people are making the same amount of money per year, but they are able to invest which over time makes them richer.
My question is how is a poor person suppose to compete with a richer person in investment if they are burdened by a higher cost of living to income ratio.
I.e.
Jim makes 50 k a year, spends 10k on housing transit etc +10 k living the bodybuilding lifestyle(drugs, thongs, and high amount of protein.)
Abdul, makes 80 k a year and spends 10k on housing trainsit etc, +5k eats nothing but rice and beans,