The Rich Continue To Get Richer, The Lower 93% Struggle On

If you are like me, you’re among the lower 93% still waiting for a break from the long recession/depression that we still haven’t recovered from.

According to an analysis by Pew Research Center of newly released Census Bureau data, “During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%.”

SDT-2013-04-wealth-recovery-0-1

Honestly this is no surprise, it’s been a long shaky ride for most of America. The struggling class is still held down by the upper 7%. Time to turn that around, don’t you think?

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About Pamela Leavey

Pamela Leavey is the Editor in Chief, Owner/Publisher of The Democratic Daily as well as a freelance writer and photographer. Pamela holds a certificate in Contemporary Communications from UMass Lowell, a Journalism Certificate from UMass Amherst and a B.A. in Creative Writing and Digital Age Communications from UMass Amherst UWW.
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