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>> Not exactly the huge disparity you describe.
>
> 3*15 = 45
>
> 3*60 = 180
>
> The gap is the important thing, not the factor.
That doesn't make any sense, to keep the gap the same the poorest 20%
would need a far higher rate of income growth than the richest 20%.
Eventually, in a few decades, if the gap is kept at say $45k, the
richest will need to be earning $1m or whatever and the poorest $0.95m.
> The initial gap is what
> makes the disparity that much larger,
Go back far enough the presumably the gap gets almost to zero dollars?
> and as I said, when you compare the
> numbers to the rate of inflation, the story gets much worse for those in
> the lower 20th percentile of income.
Those figures already take into account inflation, as they are all based
on the value of USD in 2007.
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