America's Wealth Gap

A major problem in the US today is the growing disparity between rich and poor. This is defined as an unequal distribution of financial assets in the population, such as assets, valuable assets, stocks, savings, investments. Since the 1970s it has grown significantly due to the decline of economic growth and is now the widest period since the Great Depression. In fact, "Top 400's richest Americans now have the same wealth as $ 150 million American," Williams said.

This is a convincing new report "Road to Zero" co-authored by Policy Research Institute and Prosperity. It discovered that the gap between wealthy people in the United States and the poor is greater than thinking and deepening. Ironically, this report came from a working-class whites wishing to prioritize the community by president and parliamentary elections economically rather than reviving all the senior middle class members There. Chuck Collins, one of the co-authors of the inequality program of the report, said: "One is the overall inequality that occurs in the lower half of the working class, then there is a story about racial discrimination, wealth, and asset formation.This story has been going on for centuries.Both things exist simultaneously To do." .

Wealth inequality in the United States and income inequality are concerns in the presidential election campaign in 2016. Let's think about CFED (a national nonprofit organization that has long focused on expanding economic opportunities for low-income households and communities in the US, formerly known as enterprise development corporation). Yes, this is average, looking at the average wealth of the black and white community, the gap does not shrink and the trend is heading in the wrong direction. No"

Since the recession in 2007-09, the disparity between the wealthy and the poor in the US recorded a record high, but the wealth of high-income households has increased, during which no increase in wealth is seen. And low-income households. Assets are the difference between the value of the household assets (financial assets and households, automobiles and companies etc.) and debt. This is an important aspect of family happiness. Because it is a measure of the family's "wolf egg" that can be used to maintain consumption in an emergency situation (eg layoffs) and to provide income during retirement.