Tuesday, June 12, 2012

Family net worth plummets almost 40%


By Charles Riley @CNNMoney June 11, 2012: 4:07 PM ET NEW YORK (CNNMoney) -- The average American family's net worth dropped almost 40% between 2007 and 2010, according to a triennial study released Monday by the Federal Reserve.

 
Submitted by Jim Wagner

1 comment:

Hutch said...

Meanwhile government unions see little reduction in their inflated wages and benefits. And the expect that we pay more taxes to prop up their contracts.