Duh! The rich are getting richer in NYC

“The rich got richer and the poor got poorer in New York City last year as the poverty rate reached its highest point in more than a decade, and the income gap in Manhattan, already wider than almost anywhere else in the country, rivaled disparities in sub-Saharan Africa.

“While the national recession officially ended in 2009 and Mayor Michael R. Bloomberg has repeatedly proclaimed the city’s robust recovery, the census figures to be released on Thursday painted a decidedly sober view of how New Yorkers are faring.”

Rich Got Richer and Poor Poorer in N.Y.C., 2011 Data Shows – NYTimes.com.

Leave a Reply

Your email address will not be published. Required fields are marked *