This section contains 4,820 words (approx. 17 pages at 300 words per page) |
The U.S. Census Bureau has released a number of studies showing a change in the distribution of wealth and earnings in the United States. This change has resulted in an increase in the gap between the rich and the poor. Unlike many short-term economic changes that are often the product of normal economic cycles of growth and recession, these changes seem to indicate fundamental changes in American society.
Growing Income Inequality
The Census Bureau has tracked a growing inequality in income in the United States that began in the 1980s. For comparison purposes, the bureau divides the population into five income groups (quintiles). In 2001 the income differences were close to record highs, with only the top fifth having increased its percentage of the nation's income since the 1980s. According to the Census Bureau's...
This section contains 4,820 words (approx. 17 pages at 300 words per page) |