Income inequality is a major problem in America. While the wealthiest Americans have seen a steady rise in their incomes, many people in the middle and lower classes remain stagnant, stuck in poverty with little hope for financial advancement. The income gap between the rich and the poor is reported to have widened since the mid-1980s. Consequently, the economic gap leads to major disparities in access to opportunities such as quality education, health care, and job opportunities. This contributes to the cycle of poverty and prevents equality of opportunity and economic mobility for those in the lower income brackets.