wage

Based on the ideas I present in The Great Inflation, comes the idea of the great disparity.

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower economic rungs are still scrimping by, heading to Walmart for the basics.[Source]

This will get worse, and worse and worse. The middle class, and the poor are completely dependant on jobs to make money. The lucky middle class, and poor have job wages that are continually decreasing if not remaining the same.

There is a certain amount of inflation that happens every year. Based on this website the rate of US inflation is 2.5% +- .5%. This means that each year an employee must make 2.5% more money in order to have the same value of income as compared to the previous year. This is clearly not happening, wages are the same if not decreasing!!! Because of this each and every year more and more middle class people are becoming relatively poor. I say relatively poor because even the poor people in this country are extremely wealthy!!; compared ot the poor of other countries (digression, but true).

The rich will always be rich because their money is in the form of an investment. Something that will increase in value as a rate greater than inflation. Because of this the vast majority of rich people are completely immune to inflation. The great disparity will come as the middle class, and the “relative poor” succumb to the inevitability of increased inflation.

The only way the middle class will grow stronger is to experience increased wage, or the available of new forms of employment at a higher wage. Education does not help. I have a 120,000$ Electrical Engineering degree. It does not produce income at or even near that dollar amount.