SP the total wealth in the US has never been higher, the move of manufacturing away from the US (still falling under Trump BTW) has actually brought move wealth and made products not previously available to the masses now available.
Open trade and globalisation is the reason, you know the very thing Trump is against.
What hasn't happened is the political will to more fairly distribute that wealth even if they gave health care to all like Australia (the costs and grifting around health would also require addressing) or aggressively promote training etc instead of loading up students with mind boggling debt.
Both sides are guilty Republicans more so, when you don't have wages growth for 30 years or more then you know the system is broken in regards of politics governing for the benefit of the masses.
Instead you hear the BS everyone has unlimited opportunity, everyone can be a any thing they want etc, all from the moneyed elite and beloved by nut cases like the ones fighting for Trump who BTW are going to jail.
Like I said IFocus the wealth is owned by 10% of the population, the rest are sliding more and more into poverty, the countries where the manufacturing is occurring are seeing their currencies strenghen as per Thailand etc and the wealth imbalance is happening there also.
The only way you can base sustainable wage rises is with improvements in productivity, to just keep increasing labour costs by increasing wages makes your product more expensive and less competitive against other countries therefore no one buys your product and you lose more jobs as the companies go broke.
I think grasping the big picture is peoples problem, just throwing more money around indiscriminately sounds wonderfull, and I'm all for it, but the end result is a Greece style economy, with poor public services and extreme poverty.
Australia can afford its healthcare system which is a wonderful thing, but it is only affordable until it can no longer be supported by the underpinning economy.
If the U.S wanted to bring it in I'm sure they could, also they could really hammer that top 10% of filthy rich, to pay for it.
But then you would just get the situation, where as happened here and in the U.K, the top 10% relocate to a lower taxing country, simple really.
The only way to fix the situation is to somehow re introduce higher skilled higher paying jobs, which usually comes from manufacturing, to do that it will necessitate the manufacturers losing some profit margin, which will be the increased labour component or tariffs on the imported products, as has been shown with Trump they aren't happy with that prospect.
A magic wand would be nice, if everything keeps going the way it is.