Economic inequality between the richest and poorest Americans is continuing to widen, boosted by the fallout of the coronavirus pandemic.
According to data from the Federal Reserve, household wealth among the top 1% of Americans grew from $17.08 trillion in Q3 2010 to $35.3 trillion in Q3 2020, and currently sits at $42.13 trillion. (Wealth is defined as the value of all assets of worth owned by a person or entity, while income is the money that the person or entity received in exchange for…
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