Bad news for bottom 60 percent
What do you know? The rich really do get richer and the poor really do get poorer.
Median net worth increased between 2000 and 2011 for households in the top two quintiles of the net worth distribution (the wealthiest 40 percent of Americans) while declining for those in the lower three quintiles (the bottom 60 percent) according to new statistics released by the U.S. Census Bureau.
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