For richer and poorer – new stats on the wealth gap
A story on NPR this morning on the growing gap between the wealthy and the rest of us in the United States, equaled only by the gap in the 1920′s.
The 400 people on Forbes magazine’s list of the richest Americans saw their combined net worth climb 8 percent this year. The good news for the wealthy comes as the poverty rate has reached a 15-year high and unemployment remains stuck near 10 percent.
“They” say the recession ended last August. This says we are headed deeper into an economic Bermuda Triangle. What do you think? What data makes sense to you? What choices are you making – that you are willing to tell blog readers?
Entry filed under: Uncategorized. Tags: .