Federal Reserve released survey showing average family losing 38.8 % of net worth . Comment: Few surprised that the average American is poorer than before . He says Alan Greenspan could have tried to contain the housing bubble . Baker : By detailing the economic slide of the average American , the Fed survey highlights a problem that is becoming increasing clear : growing inequality in our country . Americans should not tolerate a society in which wealth inequality widens .
Federal Reserve released survey showing average family losing 38.8 % of net worth . Comment: Few surprised that the average American is poorer than before . He says Alan Greenspan could have tried to contain the housing bubble . Baker : Americans should not tolerate a society in which wealth inequality widens .