Comment on "The American experiment endures," Biden said. "We're going to be OK."

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Stovetop@lemmy.world ⁨1⁩ ⁨month⁩ ago

I think there are two separate but related metrics at play here. Addressing income inequality would certainly go a long way towards improving quality of life for the working class, but Americans don’t care as much about someone having too much money as much as they care about having too little themselves.

Despite large movements like Occupy Wall Street bringing the topic of income inequality to the forefront of news for a while, the fact that it petered out and has ceased to be an issue means that enough members of the working class were still contented enough by their bread and circuses, so nothing came of it.

These voters don’t care if their CEO gets a $10 million bonus at the end of the year as long as they can still afford groceries and housing, but they do start to care a lot when they don’t. Only, blame is being directed at the government (inflated cost of living) rather than their rich bosses (wage stagnation).

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