When Wealth Builds Wealth

Curriculum: The Rise and Fall of Broad-Based Prosperity in the U.S. (1948–Present) · 3:51

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Lyrics

[Verse 1]
Back in forty-eight the middle class was strong
Workers owned their homes, prosperity rolled along
But somewhere down the line the balance broke apart
Income gaps grew wide, but wealth inequality shot off the chart

[Chorus]
Why did wealth grow faster than the wages that we earn?
Assets compound daily while paychecks barely turn
Houses, stocks, and businesses multiply each year
While working folks just struggle to keep their heads clear
Wealth builds wealth, income pays the rent
That's how the gap between the classes really went

[Verse 2]
Your paycheck might increase but wealth's a different game
It's owning things that grow in value, not just earning fame
The rich bought stocks and property that doubled every decade
While workers spent their income and saw their savings fade

[Chorus]
Why did wealth grow faster than the wages that we earn?
Assets compound daily while paychecks barely turn
Houses, stocks, and businesses multiply each year
While working folks just struggle to keep their heads clear
Wealth builds wealth, income pays the rent
That's how the gap between the classes really went

[Verse 3]
Now housing tells a story of policy and place
Local zoning laws determined who could join the race
Suburbs for some families, redlining for others
Government-backed mortgages didn't help all brothers

[Bridge]
Property values rising
Equity building fast
But only for the chosen
This advantage really lasts

Local governance matters
School districts divide
Where you live determines
How much wealth's inside

[Chorus]
Why did wealth grow faster than the wages that we earn?
Assets compound daily while paychecks barely turn
Houses, stocks, and businesses multiply each year
While working folks just struggle to keep their heads clear
Wealth builds wealth, income pays the rent
That's how the gap between the classes really went

[Outro]
From forty-eight to now we've seen the story unfold
Income inequality's bad, but wealth gaps took hold
Housing policy mattered, local choices too
Understanding history shows us what we need to do

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