Economic
inequality in the United States has been receiving a lot of attention.
But it’s not merely an issue of the rich getting richer. The typical
American household has been getting poorer, too.
The
inflation-adjusted net worth for the typical household was $87,992 in
2003. Ten years later, it was only $56,335, or a 36 percent decline,
according to a study financed by the Russell Sage Foundation.Article here.
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