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Re: U.S. Wealth Gap Between Young, Old Is Widest Ever  

By: ribit in FFFT | Recommend this post (1)
Mon, 07 Nov 11 7:54 PM | 55 view(s)
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Msg. 35656 of 65535
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The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt.

http://www.cnbc.com/id/15837362/site/14081545/

...yeah, this is the first time in history that anybody ever had to buy a house or pay for their education.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
U.S. Wealth Gap Between Young, Old Is Widest Ever
By: clo
in FFFT
Mon, 07 Nov 11 7:36 PM
Msg. 35652 of 65535

U.S. Wealth Gap Between Young, Old Is Widest Ever

HOPE YEN 11/ 7/11 09:30 AM ET

a snipett:

The median net worth of households headed by someone 65 or older was $170,494. That is 42 percent more than in 1984, when the Census Bureau first began measuring wealth broken down by age. The median net worth for the younger-age households was $3,662, down by 68 percent from a quarter-century ago, according to the Pew analysis. 

http://www.huffingtonpost.com/2011/11/07/us-wealth-gap-young-old_n_1079372.html?utm_source=DailyBrief&utm_campaign=110711&utm_medium=email&utm_content=FeatureTitle&utm_term=Daily%20Brief


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