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Wealth of Households and Poverty of its People
Household wealth has considerably fallen for a majority of Americans. A new report from the Center for Economic Policy Research by David Rosnick and Dean Baker shows that most households now have net less wealth than they did in 1989. The report, titled The Wealth of Households: An Analysis of the 2013 Survey of Consumer Finances, shows little or no gain for the majority of Americans over the last 25 years, even in the years since the end of the recession…Read More
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