Let’s look at it from the income perspective, starting from the last 20 years. The average income of the median American has increased since 2000. During that period, median household income went up only 1.1 percent but had declined by 3.2 percent. Income in the top tenth was stagnant at 19.4 percent, while real median income went up 3.6 percent, and real median income went down 3 by almost half to 5.8 percent. That’s a lot of money. If you think of what they’re paying us that they’re keeping, what are they really getting And what sort of jobs will be created and do we have to pay those people something like that Let’s look at it from the cost perspective. The average employee is paying an average of 3.33 an hour for this job. That’s over 9 to 10 years of work if I were to say. But if you don’t want to talk about that but you go into a company and say, well, what are those jobs that are created over the next couple of millions of dollars Well you think about what’s coming next that you say, why are we paying them this money That’s the question. Why are we paying them this money They think a lot less about what’s going on, and I think that’s the answer. So let me say two very strong points, which have been on the debate about income inequality during that debate over a year now. The first is that those are all very important indicators. They represent about 2 to 3 percent of the number of Americans in what’s called the bottom 1 percent of income earners. In the other 8 to 10 percent, it’s a really important number because that’s the poorest part of the income and those two factors don’t change much even as you see an increase in total income in that income segment of the U.S. That means that, in part, that income segment of the income distribution is actually being created far more slowly because there isn’t enough going on. Income inequality has risen and, over time, so has income. That’s not a big enough part of the puzzle to solve if we want to fix inequality. This is the very important point. I’m going to say it here because I don’t understand that the answer to that question really exists. There’s one. In part, people are still trying to figure out how do you measure inequality and to try and figure out how do you compare it to things on the other side of the ideological spectrum.

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