Washington Post
The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with middle-class families bearing the brunt of the decline.
The Federal Reserve
said the median net worth of families plunged by 39 percent in just
three years, from $126,400 in 2007 to $77,300 in 2010. That puts
Americans roughly on par with where they were in 1992.-[Full Article]
