20- and 30- somethings at FAANG is hardly a picture of America as a whole. Also if 20- and 30- somethings ignore the rest of our neighbors in other fields because “F you got mine”, we’re hardly better than the elitists.
The elite are not the ones making a tech salary and spending 1/4 of it on their rent. The elite are the few who are writing those tech salary paychecks.
Agreed. The difference between the top .01% and top 2% is many magnitudes larger than the difference between those 2% and the other 98%. (Sorry no source.). But both seem to contribute to the increasing inequality.
I bet the people making $7.25 an hour would consider the $500k/year FAANG crowd pretty elite. Also if you own enough tech stock then you are also kind of writing the paychecks.