What is the current trend in income distribution in the United States?

Question

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The current trend in income distribution in the United States is increasingly unequal, with a larger portion of wealth being concentrated among the top 1% of earners. Data from the Census Bureau shows that income inequality has been rising steadily since the 1970s, with the top 20% of households now earning more than 50% of all income in the country. At the same time, the bottom 20% of households have seen their share of income decline. This trend has been exacerbated in recent years by factors such as globalization, the decline of unions, and technological advancements that have eliminated many jobs and increased the demand for skilled workers.

What Is the Current Trend in Income Distribution in the United