Birdwatch Note Rating
2022-11-05 12:44:44 UTC - HELPFUL
Rated by Participant: BF07F60282EF7E69054F7C986F0F96D16613F2218CCF5BC85258A5A06F9B8B32
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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