Last week The Federal Reserver released their Survey of Consumer Finances report, covering 1989 through 2013. Here are two discussions of the report:
From the Institute for Policy Studies: The Fed Finds an America Deeply Divided and
from the New York Times’ The Upshot: How Are American Families Doing? A Guided Tour of Our Financial Well-Being.
Key point: the survey is comprehensive, lengthy and often conducted in person so the conclusions are taken seriously.