A man sits outside of the Port Authority Bus Terminal in New York City. (Photo by Spencer Platt/Getty Images)
The Census Bureau put its weight - and 10 years of data - behind the argument that the rich are getting richer while the poor get poorer. The median net worth of the richest households rose 11 percent between 2000 and 2011, while wealth dropped for the majority of Americans. The median net worth rose for whites, overall, but fell for black and Hispanic Americans. The bottom 20 percent owed more than they had and were worse off in 2011 than they were in 2000. [Full Story]
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