May
2012
Friday, October 01, 2010
JIM FITZGERALD and VICKI SMITH, Associated Press

The Real Recession: The Bottom of the Wealth Gap

The recession technically ended in the middle of last year, but the numbers can't tell the whole story. The census report translates to stories of impatience, resignation and hopelessness for those who are living it across the country.

MOUNT VERNON, N.Y. – A Wall Street adviser leaves early for work to avoid panhandlers at his suburban train station. In coal country, a suddenly homeless man watches from a bench as wealthy women shop for dresses. A down-and-out waitress sits glumly on her stoop across the street from a gleaming suburb. A freshly elected politician loses his day job.

They're the faces of a census report released this week showing that the gap between the richest and poorest Americans is wider than ever.

Posted by Editor on 10/01/10 at 10:12 AM •  (0) Comments

Tags:  wealth gap, rich, poor,

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