Growing Income Inequality In The Us
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United states census bureau.
Growing income inequality in the us. The top earners will benefit more from the economic recovery than the bottom earners will. In 2018 the average income for a household in the united states was 63 179. National and global income inequality are becoming a growing issue that will need to be addressed. Grew worse in california and eight other states in 2018 the u s.
In this study the poverty line is worked out as half the median income for the country. The period from 1983 to 2001 was relatively prosperous for families in all income tiers but one of rising inequality. In the united states the top 10 receive more than 50 of total income. The wealth gap among upper income families and middle and lower income families is sharper than the income gap and is growing more rapidly.
Is the united states experiencing the highest levels of income inequality in the past 50 years or do the latest figures show a decline in inequality. News reports describe growing inequality. Income inequality in the u s.
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