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A comment on U.S. Income Inequality Hits a New Threshold. Parent comment

Re:U.S. Income Inequality Hits a New Threshold by pault on Thursday March 01, 2018 @03:32PM (#16495979)
Your explanation presumes fixed demand.
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Re:U.S. Income Inequality Hits a New Threshold by Consultant32452 on Thursday March 01, 2018 @03:40PM (#16496056)
No it doesn't. Here's at least three alternative presumptions:

1. Demand is not perfectly elastic

2. Demand is perfectly elastic, but supply was increased more on the lower end of the income range which reshapes the income distribution.

3. Trade policy reduced demand in the middle of the income range.

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