The Hidden Reason for Americans’ Shrinking Wealth

Many Americans learned this weekend that they’ve gotten poorer. “The Typical Household, Now Worth a Third Less,” proclaimed the New York Times, citing a new study sponsored by the Russell Sage Foundation (PDF). Median wealth declined more than 35 percent from 2001 to 2013, the study found, while…

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The Hidden Reason for Americans’ Shrinking Wealth

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