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As the 2016 election approaches, the debate among the intelligentsia appears like it will center around the question of inequality. While income is distributed unequally in the country, what few people know is how much more unequally wealth, financial assets and inheritances are distributed.
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A deeper problem is that the wealth of most Americans, and particularly those at the bottom, has decreased dramatically in the wake of the great recession. A 2013 study found that, while in absolute terms, the recession impacted the rich the most, in relative terms it fell on the "lower-income, less educated, and minority households."
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