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Tag: wealth inequality

Widening Wealth Gap: ‘Bottom 20%’ Worse Off Than in 2000 – Situation has been Institutionalized

Census Bureau: Decade of Data Underscores Widening Wealth Gap A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer. The study released Thursday divided the U.S. into five groups, from wealthiest to poorest. The median net worth of the richest households rose 11 percent between 2000 and 2011, to $630,754. The next-wealthiest group's[...]