Five years out of the Great Recession of 2008-09, most Americans feel stuck in a pocketbook time warp.
Most still earn less than when the bottom dropped out of the housing market and Wall Street tumbled, according to a recently released study by the Federal Reserve — the nation’s bank. The comprehensive study is conducted every three years and evaluates Americans’ income, wealth and debt.
Overall, earnings are up 4 percent. Trouble is, all of that increase went to the top 3 percent of Americans who witnessed a 54.3 percent jump in…
Gap between rich and the rest continues to widen
