US income inequality continues to grow

  • In 2015, the top 1 percent of families in the United States made more than 25 times what families in the bottom 99 percent did, according to a paper from the Economic Policy Institute.
  • This trend, which has picked up post Great Recession, is a reversal of what was seen during and after the Great Depression, where the gap between rich and poor narrowed.
  • “Rising inequality affects virtually every part of the country, not just large urban areas or financial centers,” said co-author Estelle Sommeiller.

Carmen Reinicke | @csreinicke

Published 4:22 PM ET Thu, 19 July 2018 Updated 5:06 PM ET Thu, 19 July 2018