“Poorer Than Your Parents?” New Study Shows 81% Of Americans Worse Off Than In 2005

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http://www.mckinsey.com/global-themes/employment-and-growth/poorer-than-their-parents-a-new-perspective-on-income-inequality

http://www.zerohedge.com/news/2016-08-08/poorer-your-parents-new-study-shows-81-americans-worse-2005

The McKinsey study Poorer than Their Parents? offers a new perspective on income inequality over the period 2005-2014.

Based on market income from wages and capital, the study shows 81% of US citizens are worse off now than a decade ago. In France the figure is 63%, Italy 97%, and Sweden 20%.

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