The other aspect to this in the next 5-10 years is the advancement of technology. This is going to favor the wealthy and elite at a much greater percentage. While jobs are lost due to automation, the profit margins of the top 1000 corporations is going to skyrocket. This will bode very well for those who own stock, ironically that top percentage everyone is talking about.

The average person is going to see what is left of his/her non-rising income go away. Technology is already starting to penetrate white collar sectors like financial where high paying jobs are being eliminated.

It will be interesting to see how long the politicians can keep up their mantra about bringing jobs back (which isnt going to happen).