U.S. Income Inequality Worst In 50 Years

Sep 30, 2019

(Undated)  --  Income inequality in the U.S. today is the worst in half a century.  New figures from the U.S. Census Bureau show the gap between the richest and poorest Americans is the largest in the past 50 years.  The widening gap comes despite an economy with more than ten consecutive years of GDP growth and the lowest unemployment since the late 1960s.  Many states did not see a change in income inequality last year but nine did.  The income gap widened in Alabama, Arkansas, California, Kansas, Nebraska, New Hampshire, New Mexico, Texas and Virginia.