A new study says the number of millionaires in the United States grew by 16 percent last year. The jump in wealthy households coincided with a rising unemployment rate and stagnant wages for most American workers. The research firm Spectrem Group says that if income inequality continues apace, the divide between rich and poor in the United States “will resemble that of Mexico by year 2043.”
Study: Number of US Millionaires Increased 16% in 2009
HeadlineMar 10, 2010