Quote:
Originally Posted by Riot
The economy is steamrolling ahead - Did you get your 13% raise this year?
(Reuters) - The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast of characters once again populated the top of the magazine's annual list of the U.S. uber-elite, including Bill Gates, Warren Buffett, Larry Ellison and the Koch brothers.
The average net worth of the 400 wealthiest Americans rose to a record $4.2 billion, the magazine said.
Collectively, this group's net worth is the equivalent of one-eighth of the entire U.S. economy, which stood at $13.56 trillion in real terms according to the latest government data.
But the 13 percent growth in the wealth of the richest Americans far outpaced that of the economy overall, helping widen the chasm between rich and poor.
http://www.reuters.com/article/2012/...88I0WA20120919 |
The gap between the rich and poor grew more between 2009-2010 than it did between 2002-2007, but you shockingly left that fact out. Now you are telling us it has grown even further this year.
The numbers point to the gap growing larger between the rich and poor to be the result of Obama's policies, not Republican's. How inconvenient for you.