I could sympathize with the frustration, but I feel like I’m being attacked in a way that’s pretty unfair.
Sorry if my previous comment came across as rude or harsh—that wasn’t my intention. I didn’t mean to attack you. I asked those questions to clarify your exact claim because I wanted to understand it fully and potentially challenge it depending on its interpretation. My intent was for constructive disagreement, not criticism of you personally.
I find your other papers you linked in other comments interesting. That said, I don’t see them changing my main argument much.
Your main argument started with and seemed to depend heavily on the idea that inequality has been increasing. If it turns out that this key assumption is literally incorrect, then it seems like that should significantly affect your argument.
Using the data cited in your source (the Distributional Financial Accounts (DFA) provided by the Federal Reserve Board of Governors), it seems to me that the growth in the share of wealth held by the top 0.1% has not been very fast in the last 20 years—growing from around 10-11% to around 14% over that period. In my opinion, this is a significant, albeit rather unimportant trend relative to other social shifts in the last 20 years.
Moreover, this data does not include wealth held in social insurance programs (as I pointed out in another comment). If included, this would presumably decrease the magnitude of the trend seen in this plot, especially regarding the declining share of wealth held by the bottom 90%.