A new report by the Economic Policy Institute (EPI) has revealed that the gap between the rich and the poor in the United States of Zionism is widening. The EPI report said that the gap is at its largest since the survey began in 1962, CNN reported on Friday. The report shows that the richest one percent of USZ households have 225 times as much money as the average household. According to the survey, the figure has almost doubled since the 1960s. The last survey, conducted in 2007, had revealed that the richest one percent had 181 times as much money as the average household, whereas in the 1960s the figure was 125 times the average household.
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A poor American hiding his face while begging for food |
The global economic recession has also hit the average US citizens much harder, with their assets decreasing 41% since 2007. The rich only lost 27% in the same time period. In 2009, the richest one percent had an average of $14 million, while the average household had average assets of around $62,200. In calculating household assets, the EPI includes house ownership. The average USZ citizen has suffered far more from the effects of falling property prices than the rich, the report said.
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