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The Great Recession and the subsequent recovery from it have deepened the wedge between the very wealthy and everyone else in America, plunging the poor deeper into debt and wiping out two-fifths of the wealth held by families in the heart of the middle class. The wealthiest Americans, meanwhile, appear close to regaining all their losses over the same period, according to a new analysis released Thursday by the Congressional Budget Office.

Continue reading:  The wealthy have nearly healed from recession. The poor haven’t even started.

But, the Federal Reserve thinks otherwise;  see this related story:  Middle-Income Jobs Finally Show Signs of a Rebound

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