Wealth inequality, greater then income

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This is by far hits home to more people then income does.  The ability to save and to purchase assets.  Cost of living avg in the US is 25k/y and climbing fast, full time minimum wage is 19-21k/y which is barely moving upward.  Income that is around cost of living or lower can never save and are lucky to improve their future.

Those receiving aid are limited on savings and assets to the point they can not stop receiving aid.  No saving in bank accounts, no improving residence to save monthly spending, no purchasing tools to expand or change state of self employment.  Really anything that can help you get off aid and improve your future stops you from receiving aid before you even reach that point you can leave aid.

College sounds like it will improve your future, it can but at an enormous cost that will forever end your future in an endless mountain of debt.  A college degree is not a 100% guarantee, the chance of working in the field of your degree is less then 50%.  If your working a job that even though pays 40k/yr you still won't be able to save or improve your future with cost of living being near 2/3's the income and paying off a student loan debt of 40-150k depending on degree level.

Unexpected bills, with no savings then turns into debt which with an income that was just barely able to save before is now with out any savings and no chance to save.

Housing costs that are continuing to climb at more then twice the rate of income.  At current rate of climb in the 2020's the low end will be over 300k nation wide with already high places being 400-500k.  Some places are already nearing 1mil.

Back in the 1970's: housing cost was 20-50k for what's 140-300k now, 6x increase.  College degree cost $350-1500/y for what's now 10-35k/y, 25-28x increase.  Automotive cost 3500 for what's now 35k, 10x increase.  Minimum wage $1.60 and now $7.40, 4x increase.  Health care fully inclusive cost $150 and now 10k, 9x increase.  Avg income 3500 and now 30k, 8x increase.

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