Rich getting richer

Rich getting richer

To the Journal editor:

The wealth gap between upper-income and lower-income families is increasing.

In 1983, the mean family wealth in lower-income families was $12,000 and the mean family wealth in higher-income families was $344,000. But in 2016 the mean family wealth in lower-income families had dropped to $11,000 and the mean family wealth in higher-income families had increased to $850,000. (Pew Research Center. “Trends in Wealth Inequality.” January 9, 2020.)What can, We the People, do to lessen the growing wealth gap between upper-income and lower-income families?To raise funds to lessen the gap between upper- and lower-income families and to prevent […]

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