NEWSMAX: …Edward Wolff, a respected economics professor at New York University, set the nation’s median net worth is now at $57,000. It hasn’t been so low since 1969.
Wolff also reveals that between 1983 and 2007, the percentage of American households with less than $10,000 in assets rose from 29.7 percent to 37.1 percent…
During that same rocky period, the wealth of the richest one percent of households rocketed by 71 percent… (more)
EDITOR: Perhaps the basic question of our time is whether we are a caring society or a rat race.
