New Census Data Shows Reemerging Patterns of Inequality

From the Economic Policy Institute (http://www.epi.org/):

On Wednesday, the Census Bureau released its annual data on income and poverty in the U.S. EPI analysis of the data shows that household income growth slowed markedly in 2017—with median income increasing only 1.8 percent, to $61,372—and that growth was stronger for those at the top than for those at the middle. And, 10 years after the start of the Great Recession, black and Asian households have yet to recover lost income.  EPI also found that poverty declined modestly in 2017 and that government programs, such as Social Security and food stamps, kept millions out of poverty. View EPI’s full analysis »