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<div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/ddaa5da4-6986-4073-b372-5e3a89c48d58_hq.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='The Wealth Effect: Big Spending Draws Attention as Poor Struggle' data-article-id='3948'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='9271'>The longest U.S. economic expansion in history has brought news of big spending.</span> <span data-start-time='9271' data-end-time='17000'>It also has raised concerns about the distance between the rich and everyone else.</span> <span data-start-time='17000' data-end-time='24667'>For some people, the high price of some goods is a sign of too much wealth.</span> <span data-start-time='24667' data-end-time='42896'>The bank UBS says the number of billionaires in the United States has increased from 267 in 2008 to 607 in 2018.</span> <span data-start-time='42896' data-end-time='50813'>“The rich have gotten richer and they’ve gotten richer faster,” said John Mathews.</span> <span data-start-time='50813' data-end-time='61313'>He is the head of Private Wealth Management and Ultra High Net Worth at UBS Global Wealth Management.</span> <span data-start-time='61313' data-end-time='67000'>But there are signs of problems at lower-income levels.</span> <span data-start-time='67000' data-end-time='82375'>Information from the U.S. central bank suggests that, by 2016, the richest 20 percent of Americans held 88 percent of the country’s wealth.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/3468/4F9BE7EC-2413-42B3-AD91-FB1DC1732FF2_w1023_r1_s.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=13186 data-hint-location='61313' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/what_is_income.wav'>What is income?</div><div class='choices' data-correct-choice='money that is earned from work, investments, business,'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/a_heavy_and_intense_snowstorm.wav'><span>a heavy and intense snowstorm</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/money_that_is_earned_from_work_investments_business.wav'><span>money that is earned from work, investments, business,</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/the_ability_to_solve_complex_equations.wav'><span>the ability to solve complex equations</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/a_piece_of_equipment_designed_to_carry_things_on_ones_back.wav'><span>a piece of equipment designed to carry things on ones back</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=13187 data-hint-location='17000' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/for_some_people_the_high_price_of_some_goods_is_a_sign_of_too_much_what.wav'>For some people, the high price of some goods is a sign of too much what?</div><div class='choices' data-correct-choice='wealth'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/paint.wav'><span>paint</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/food.wav'><span>food</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/wealth.wav'><span>wealth</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/sleep.wav'><span>sleep</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=13188 data-hint-location='9271' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/it_also_has_raised_concerns_about_the_distance_between_the__blank__and_everyone_else.wav'>It also has raised concerns about the distance between the <span class='blank'>rich</span> and everyone else.</div><div class='choices' data-correct-choice='rich'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/accounts.wav'><span>accounts</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/police.wav'><span>police</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/llamas.wav'><span>llamas</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/3468/rich.wav'><span>rich</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button 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