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The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States since the late 1980s. [2] Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings , and investments , as well as any associated debts.
United Nations special rapporteur Philip Alston, following a fact finding mission to the United States in December 2017, said in his report that "the United States already leads the developed world in income and wealth inequality, and it is now moving full steam ahead to make itself even more unequal." [313] [314]
The United States has the greatest income disparity among developed nations. [1] However, the inequality indicators vary considerably from state to state. States that have a high concentration of skilled jobs, implement regressive tax policies, or have weaker worker protections in general tend to have greater income inequalities.
As it enters its 11th year, America's economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped ...
As the U.S. wealth gap continues to widen, Black financial experts envision paths for Black people to create meaningful wealth. In the United States, where wealth inequality continues to be higher ...
Since the late 1970s, income inequality in the U.S. has grown by nearly 20%. The Great Recession has brought the disparity between the rich and the poor to the forefront of the news. The Occupy ...
Wealth in the United States is commonly measured in terms of net worth, which is the sum of all assets, including the market value of real estate, like a home, minus all liabilities. [20] The United States is the wealthiest country in the world. [21] U.S. Household and non-profit Net Worth 1959 – 2016, nominal and real (2016 dollars).
It tops the list as the country with the highest median wealth per adult, which stands in stark contrast to the wide wealth gap in the U.S. United Kingdom Mean (average) wealth per adult: $302,783