Wealth gap in the US hits families the hardest

What does economic inequality really look like?

Income alone doesn't give a complete picture. Income inequality describes the gap between a six-figure salary and minimum wage. But the more alarming gap occurs in wealth - a household's total assets minus debts. To understand how inequality is playing out in the United States, we need to look more closely at the wealth gap.

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A version of this article appeared in the print edition of The Straits Times on May 23, 2018, with the headline 'Wealth gap in the US hits families the hardest'. Print Edition | Subscribe