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U.S. Census Shows Economic Inequality Continues to Widen

HeadlineSep 13, 2012

New government data shows economic inequality continued to widen in the United States last year. The Census Bureau reports the richest Americans increased their share of total wealth by 4.9 percent, while the median income reached its lowest level since 1995. Some 46.2 million Americans were classified as living in poverty. The census also shows that the number of uninsured in the United States dropped for the first time in the three years, with 1.3 million people obtaining insurance.

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