The Great Recession is over – for the wealthy in the US. The median net worth of upper income households fell from $740,100 in 2007, to $659,300 in 2013, and have rebounded to $810,800 in 2016, a more than 10% increase. The median net worth of middle income households has dropped 33%. For lower income households it is even worse at 42%. Except for the upper income households, Americans are back to 1989 levels. One consequence has been the increase in wealth inequality where upper income households are worth 7 times middle income households and 75 times that of lower income households. That’s a doubling compared to middle income and roughly a tripling for lower income. The inequalities are even greater when compared across ethnicities. So, yes, the US has recovered from the Great Recession for some Americans but not for the majority.