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This is the result of decades of growing income inequality, which is now well developed into tremendously higher wealth inequality. You can thank lax tax policy, stagnant wages, and investment-return focused society.
The economy has grown. The pie is bigger, but the growing pie is not being distributed properly. And the existing one is being redistributed toward the wealthy.
It's impossible to agree with you more than I agree with you, and I've tried. :)
Damn. I'm 36 and make £27,000 a year. I'm single so that lets me live a fairly comfortable life but there's no way in hell I could support a wife and 3 kids on that and the cost of living where I am is lower than most of the country.
Always remember folks, the world you bring your children into is always going to suck even more than the one you grew up in. Antinatlism rise up