Economic Inequality: Facts, Theory and Significance
Henderson, David R.
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The well-documented rise in economic inequality in the United States over the last two decades is somewhat misleading. Almost all Americans, whether considered “rich” or “poor,” are better off economically today than in previous times. Furthermore, due to the high degree of income mobility in the United States, most people move between income groups throughout their life.
National Center for Policy Analysis (NCPA) Policy Report No. 312, June 2008, ISBN # 1-56808-187-1