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To: jbe who wrote (74036)2/4/2000 9:26:00 AM
From: Ilaine  Read Replies (3) | Respond to of 108807
 
>>WORCESTER, MA--A study released Monday by the Institute For Statistical-Data Quantification brings to light "disturbing" new findings regarding the distribution of wealth in America, asserting that "a real, demonstrable economic gap exists between the nation's upper class and lower class, with the monied elite enjoying significantly greater overall wealth than their poorer counterparts."

"These numbers paint a sobering picture for the American working poor," said Institute co-chair Mary Ellen Armbrister, one of the chief coordinators of the eight-year, $7 million research initiative. "The data we've collected clearly illustrates that our nation's economic system is biased against the low-income sector of society. This bias is evident in a wide range of economic indices--from overall earnings to yearly net gains to discretionary household spending--and holds true regardless of a person's age, racial background, gender, or geographic location. Across the board, this disparity appears to be universal."<<

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