Why isn't anyone talking about economic inequality in this thread? Did you know that 1% of the US population holds 40% of the nation's wealth? And that real wages have been dropping since the 1980s?
What happens when money concentrates in the hands of a few? This is basic economics. Who Rules America: Wealth, Income, and Power
If you really want to know what's going on, and why this is happening, read that.
In terms of types of financial wealth, the top one percent of households have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity. The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate. Since financial wealth is what counts as far as the control of income-producing assets, we can say that just 10% of the people own the United States of America.