>If your life is also becoming easier and more comfortable as well, how does income inequality affect it?

Is his though? only seems to be getting easier for the top.

Then you admit income inequality isn't what is important here. but absolute quality of life.

A priori, that's a huge if.

Income inequality causes auction-priced goods and sevcices (much to most spending, including housing) to be bid up in price, it also creates power imbalance that can lead to more wealth extraction from the poor.

Is that what's going on, wealth extraction from the poor? Because it seems to me that poor people today are taking more out of the system than putting into it.

Life isn't getting easier for the majority of Americans. Life expectancy is literally going down.

Then you admit income inequality isn't what is important here. but absolute quality of life.