Wednesday, September 22, 2010

Wealth gap continues to widen in America


Another interesting set of stats that came out of last week's income/poverty numbers from the Census Bureau measured income inequality.

Basically, the numbers point to what we hear everyone say: The rich get richer, the poor get poorer and the middle class is shrinking.

The CB report didn't include Delaware stats, but the national numbers are telling.

Between 2000 and 2009, the poorest 10 percent of American households saw their incomes drop 8 percent, to $12,120. But the richest 5 percent of households saw their incomes drop just 0.5 percent during the same period, to $180,001 or more.

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