Etiqueta: Economic inequality
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Census data show wealth of whites is 20 times that of blacks, widest US gap in quarter-century
By Associated Press WASHINGTON — The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics, according to an analysis…
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(Not) spreading the wealth
The income gap between the wealthy and the rest of the country has grown along with dramatic increases in CEO pay. Growing share of income for the rich Inequality in the U.S. has has grown steadily since the 1970s, following a flat period after World War II. In 2008, the wealthiest 10 percent earned almost…
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