Friday, December 24, 2010
Gap between rich and poor growing...
The gap between the rich and the middle class is larger than it has ever been due to the bursting of the housing bubble.
The richest 1% of U.S. households had a net worth 225 times greater than that of the average American household in 2009, according to analysis conducted by the Economic Policy Institute, a liberal think tank. That's up from the previous record of 190 times greater, which was set in 2004.