General Discussion
In reply to the discussion: This message was self-deleted by its author [View all]TBF
(37,089 posts)I guess it depends upon how you define "addressing" - but this is the REALITY of where we are:
Americas wealth gap between middle-income and upper-income families is widest on record
By Richard Fry and Rakesh Kochhar
The wealth gap between Americas high income group and everyone else has reached record high levels since the economic recovery from the Great Recession of 2007-09, with a clear trajectory of increasing wealth for the upper-income families and no wealth growth for the middle- and lower-income families.
A new Pew Research Center analysis of wealth finds the gap between Americas upper-income and middle-income families has reached its highest level on record. In 2013, the median wealth of the nations upper-income families ($639,400) was nearly seven times the median wealth of middle-income families ($96,500), the widest wealth gap seen in 30 years when the Federal Reserve began collecting these data.
In addition, Americas upper-income families have a median net worth that is nearly 70 times that of the countrys lower-income families, also the widest wealth gap between these families in 30 years ...
http://www.pewresearch.org/fact-tank/2014/12/17/wealth-gap-upper-middle-income/