Massachusetts

Income Chasm Growing in Massachusetts

Mirroring a national trend, the income gap is increasing in the Bay State. From the Boston Globe article:

"The gap between rich and poor has widened substantially in Massachusetts over the past two decades, according to a new study by the University of Massachusetts. Only those earning the highest incomes benefited from gains in technology, productivity, and globalization, while middle-class earnings stagnated and incomes for poor families plunged 15 percent."