Americans are working harder and are producing more than at almost any time in recent history. But, the wealth gap between the richest one percent in the United States and the bottom 99 percent has grown to a point not seen since the early 20th century.
Much of the debate over the state of the economy in recent years has been the oft repeated phrase that the middle class is quickly dying in the United States. It turns out, that may be reality, according to a new report from the Economic Policy Institute.
Slowly but surely the economy is picking up steam. Today’s job numbers are another data point that Barack Obama and Democrats have put the country on a path to recovery from the economic carnage of the Bush Administration.
Foreclosures have crippled the South Florida home market since the Great Recession hit and while the rest of the nation has started to show improvement, Florida continues to struggle to recover from the worst economic collapse since the Great Depression.