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Inequality in recovering from the financial meltdown

  • Alex Choi
  • Apr 12, 2022
  • 1 min read

Both the top 10% and the rest 90% had increases in median income in a similar pattern until the financial meltdown. But the recovery of the two groups is quite different. The top 10% median income surpassed the level before the financial meltdown, but the rest 90% median income was not even half of the level of 2007. Inequality only grows when hardship hits society.

 
 
 

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