This is a very upper-middle class view of the economy because it very much represents the difference between most people and upper middle class - those in the upper middle class tend to be employees of successful tech or medical companies, and that makes sense since most people here fall into that category.
However looking at the data there is another section of the economy where the 1% and .1% reside, i.e those who own mid to large size companies or are high up exectives. In that section you'll see owners of companies like Walmart, Target, really any successful company. Doesn't have to be tech or medicine. The point being those sectors of the economy have been hit the worst by de-unionization because they aren't necessarily booming (even if they earn a profit) so without a union employees have very little bargaining power.
If you want to really reduce inequality you have to compress those sectors of the economy by leveling the field between employees and business owners.
However looking at the data there is another section of the economy where the 1% and .1% reside, i.e those who own mid to large size companies or are high up exectives. In that section you'll see owners of companies like Walmart, Target, really any successful company. Doesn't have to be tech or medicine. The point being those sectors of the economy have been hit the worst by de-unionization because they aren't necessarily booming (even if they earn a profit) so without a union employees have very little bargaining power.
If you want to really reduce inequality you have to compress those sectors of the economy by leveling the field between employees and business owners.