Half of American Households Hold 1 Percent of Wealth

WASHINGTON -- The share of the nation's wealth held by the less affluent half of American households dropped precipitously after the financial crisis, to 1.1 percent, according to new calculations by Congress's nonpartisan research service . By contrast, Full Story »

Posted by Jack Powers - via Arianna Huffington, Umair Haque

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Jack Powers
3.4
by Jack Powers - Jul. 20, 2012

The share of the nation’s wealth held by the less affluent half of American households dropped precipitously after the financial crisis, to 1.1 percent, according to new calculations by Congress’s nonpartisan research service.

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