Is income inequality noticable in the US?

The United States has the highest income inequality out of all the English speaking countries. From 1992-2007 the top 400 earners had an increase in their incomes by 392%. By 2007 the top 1% of America is in possession of 24% of our income. It wasn’t always like that though; from 1937-1947 there was a period call The Great Compression. This made the wages of the lower and middle classes go up, and the upper class wages go down. Since then, it is obvious that we headed in the exact opposite direction. It seems to be that the upper class doesn’t really know how bad the lower classes have gotten.

 

This graph shows the income increases in each percentile in America from 1979-2007. It is adjusted for inflation. What do you all think about this? Do you think it’s fair for the richest people to keep making all that money while the rest of us barely ever get raises?