Tag Archives: Wealth

A Misallocation of Wealth

Sen. Harkin believes that our country does not have a spending problem: it has a misallocation of wealth. This misallocation can be rectified by redistributing this wealth into the hands of the government. I can only blame the  people in … Continue reading

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Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says

The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with ­middle-class families bearing the brunt of the decline. The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from … Continue reading

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