Tuesday, July 29, 2014

You Probably Became Poorer the last 10 years

http://www.alternet.org/economy/what-recovery-you-probably-became-poorer-last-10-years

For the study, researchers gathered information on families in the middle of the wealth distribution continuum. What they found is that in 2003, the inflation-adjusted net worth for the typical household was $87,992. Fast-forward 10 years: that figure is down to a mere $56,335.
Ordinary Americans got 36 percent poorer in just a decade.

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