Birdwatch Note Rating
2022-11-05 13:06:45 UTC - HELPFUL
Rated by Participant: 0D11E7F89CF70FF5EE5B108804C6225D4072269429D7103F4A65A8EE665BBC3C
Participant Details
Original Note:
The average wealth of households in the bottom 25% went from $600 in 1989 to -$10,700 in 2019, while the wealth of the next 25% of households went from $58,200 to $80,900 (adjusted for inflation). So wealth went down for the bottom 25%, but went up for the bottom 50% overall. https://www.cbo.gov/publication/57598
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