News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Tuesday, September 11, 2012
America’s 1 Percent Have 288 Times As Much Wealth As The Median Household
America’s 1 Percent Have 288 Times As Much Wealth As The Median Household: According to a new report by the Economic Policy Institute, the wealthiest 1 percent of American households had a net worth 288 times as large as the median household in 2010. This constitutes a huge increase from 1962, when the ratio was 125-1: Since 1983, nearly three-quarters of the growth in total household wealth went [...]/p