DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - IRS figures show stock, real estate crashes created fewer millionaires from '07-'09

**Rategbee** · 09-01-2011, 09:11 AM

Between 2007 and 2009, huh? Right at the start of the recession and right after the big fall off the cliff (thank you, investment bankers).

The biggest decline in profits for those millionaires, according to the SOI report were in the, OH!, in the financial and insurance sectors. (Bolded to make sure you understand.) Until the government BAILED THEM OUT.

Gee. I wonder how many of those millionaires have recovered four or five years later? What do you think, Brad?

Forgive me, I forgot for a moment that your ilk doesn't think, Brad. You ingest and puke what your Dear Leaders, the GOP shills, deign to share with you. I know I'm snarky, but I'm really pissed off at Eric Cantor today. You know, for wanting to play politics with the very real lives of very real Americans, once again.

Anyhoo...

Whose profits actually rose during that period? Those in the auto repair, laundry and other service industries. The construction industry took a big hit, though.

http://www.irs.gov/pub/irs-soi/11spsumbulspreturns.pdf

09-01-2011, 09:11 AM	#2
Rategbee Join Date Nov 2005 Posts 412 Senior Member	Between 2007 and 2009, huh? Right at the start of the recession and right after the big fall off the cliff (thank you, investment bankers). The biggest decline in profits for those millionaires, according to the SOI report were in the, OH!, in the financial and insurance sectors. (Bolded to make sure you understand.) Until the government BAILED THEM OUT. Gee. I wonder how many of those millionaires have recovered four or five years later? What do you think, Brad? Forgive me, I forgot for a moment that your ilk doesn't think, Brad. You ingest and puke what your Dear Leaders, the GOP shills, deign to share with you. I know I'm snarky, but I'm really pissed off at Eric Cantor today. You know, for wanting to play politics with the very real lives of very real Americans, once again. Anyhoo... Whose profits actually rose during that period? Those in the auto repair, laundry and other service industries. The construction industry took a big hit, though. http://www.irs.gov/pub/irs-soi/11spsumbulspreturns.pdf
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