America’s Bottom 50% Are Slowly Recovering From The Great Recession
Note: Not adjusted for inflation; Data: Federal Reserve Bank of St. Louis; Chart: Chris Canipe/Axios The total net worth of the bottom 50% of Americans fell to -$143 billion in the second quarter of 2010 — meaning the lowest 50% of earners had collective liabilities far outpaced their collective assets, largely underwater home and auto loans. Their net worth remained negative…
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