PBS NewsHour

Families' Falling Wealth Relects 'Deep Mess' Americans Face

Clip: 06/12/2012 | 8m 22s

The net worth of the median American family fell nearly 40 percent from 2007 to 2010, the Federal Reserve reported this week. Gwen Ifill discusses the effects of and the reasons behind the precipitous decline in wealth with Paul Taylor of the Pew Research Center and Robert Shapiro of Sonecon, an economic advisory firm.

Aired: 06/12/12

Rating: NR

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