Web stanford edu group scspi media working papers pfeffer danziger schoeni wealth levels pdfThe highly respected Bruce Bartlett sends us to a brand-new cracking o the recent PSID from Fabian Pfeffer, Sheldon Danziger, and Rovert Schoeni: Wealth Levels, Wealth Inequality, and the Great Recession: “´┐╝By 2013, in spite of the Great Recession…

…wealth at the 90th and 95th percentiles were higher than in 2003… net worth at the median was about $32,000 lower…. The median of net wealth not held in real estate… declined by only $6,900 between 2007 and 2013… compared to a decline in median total net worth of about $42,500…. Through at least 2013 there are very few signs of significant recovery from the losses in wealth experienced by American families during the Great Recession…