If wages measure Americans’ daily economic well-being, wealth is what creates Americans’ long-term upward economic mobility. And right now, middle-class Americans should be anxious. In the 2010 survey, middle-class family wealth had fallen to $85,000. Their answers reveal that trying to build their wealth is not the only way that middle-class families are falling behind. As a nation, we are less wealthy than we were before the Great Recession started, and our smaller total wealth is distributed more unequally.
Source: Forbes January 17, 2017 17:58 UTC