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April 24, 2013

Inequality Widened During Post-Recession Period 
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New figures show inequality has sharply widened in the two-year recovery
following the period known as the Great Recession. According to the Pew
Research Center, the top 7 percent of U.S. households saw their income
jump 28 percent, while that of the remaining 93 percent declined. The
wealth gap separating the top 7 percent from the rest jumped from a
ratio of 18-to-1 in 2009 to 24-to-1 in 2011.

 

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