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Sage Foundation: Wealth "Inequality" Will
Continue to Worsen
Written by Bob Adelmann
In another so-called research study about wealth inequality, the liberal think-tank Sage Foundation said in June that while the super-rich have fully recovered from the Great Recession, the vast majority of Americans have not. Specifically their report shows that median household net worth “was $32,000 lower in 2013 than it was 10 years earlier,” a decline of 36 percent. It concluded:
These wealth losses, however, were not distributed equally.… Wealth inequality increased significantly from 2003 through 2013; by some metrics inequality roughly doubled.
CRONY CAPITALISM at work
Obama’s “recovery” and the social crisis in America … the recovery that
Sage Foundation: Wealth "Inequality" Will Continue to Worsen.
WAGES PLUMMET UNDER OBAMA as the rich get richer.