This seems a contentious issue. While there can no longer be any doubt that income is becoming increasingly skewed in the US, a significant number of us seem to think that this is OK. Maybe it's a belief that we can preserve an opportunity for each of us to climb into the top ranks. Aside from winning the lottery, this seems a vain hope for anyone over 40 and a decreasing likelihood for most people under 40, given the declining amounts we seem willing to spend on things (like education) that are most likely to provide opportunity. For myself, I have a feeling that the increase in disparity is due to factors that reflect poor social allocation of resources.
For those who don't believe this trend is real, here are some data.
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