Final answer:
Over the past 30 years, the real dollars earned by the highest 1 percent of earners in the United States have significantly increased, leading to a growing wealth disparity.
Step-by-step explanation:
Over the past 30 years, the real dollars earned by the highest 1 percent of earners in the United States have significantly increased, leading to a growing wealth disparity.
According to various sources, such as Manuel Castells (2012) and AFL-CIO (2014), the top 1 percent of earners in the nation have captured a large portion of the economic growth, while the real wages of the average worker have only seen minimal increases.
For example, the top 1 percent secured 58 percent of the economic growth, while the average worker's wages increased by only 2 percent. Additionally, the average pay of a CEO in comparison to an average worker has risen dramatically. These statistics indicate a widening income gap and increasing income inequality in the United States.