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News Link • Economy - Economics USA

Glenn Jacobs: Does The Free Market Cause Wealth Inequality?

The wealth gap is a serious problem. The richest 20 percent of Americans now own 80 percent of the country’s wealth. Over the past three decades, the average American has seen his income either fall or remain flat. Over the same period, the top 20 percent of income-earners have enjoyed a modest rise in income while the top one percent have seen their income skyrocket.

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