While not true in every case politically of course there's more than a fair share of this going on. Most of the talking heads on broadcast and to a lesser extent print MSM are millionaires and they're being both paid by their multi/millionaire/billionaire corporate overlords and also being journalistically compromised by them in order to maintain a certain lifestyle. A large chunk of federal politicians (and to a smaller extent state and local) are millionaires whose campaigns are majority funded by at the least even wealthier millionaires and billionaires via dark PAC money and are being politically compromised by those big donor overlords. Of course the bills the Dems want to get passed if we can sweep (and I pray for all our sakes we do) immediately will go a long way to give "the average Joe" a louder voice as it should be.
I'm not saying this is a fact in every case, but there has been, especially over the last 50 years, a growing disparity between "the average Joe" and those that influence, make and report on public policy in this country to the point that these people are becoming more and more completely out of touch with those of us that have become individually financially irrelevant living paycheck to paycheck. Yes there are many, mostly in our party that try to stay in touch and work for all of us but still it is a gap that is ever widening and becoming harder to reach across IMO.
Wealth inequality is much more of an issue than just a majority who has to live paycheck to paycheck. It separates people at the very base of socioeconomic/political and most importantly emotional levels and that to me, is toxic as hell.