Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve.
The survey also found that family in the middle income bracket (40th to 90th percentiles) saw “very little” change in average real incomes and still have not recovered losses from 2010 and 2007. **Families at the bottom of the income distribution continued to see “substantial declines” in average real incomes, a continuing trend from the previous two surveys. **
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