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11-19-2010, 02:25 PM | #1 |
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http://www.realclearpolitics.com/art...ts_107996.html
A new report reinforced this reality on Wednesday. Members of Congress personal wealth collectively increased more than 16 percent between 2008 and 2009, according to a Center for Responsive Politics (CRP) study. Americans household net worth fell by more than a fifth over roughly the same period, according to estimates by the Federal Reserve and others. More than a fifth of lawmakers have an estimated wealth exceeding $10 million. Nearly half of all lawmakers are millionaires. Only about 1 percent of Americans are millionaires. __________________________________________________ __________________ It's not about "Class Envy" It's about a national recession that didn't happen in DC. (Their unemployment rate is still 6%) And a bunch pf politicians, analysts and insiders from the capitol that are completely insulated from the people they are governing. They don't understand their lives.. The recession itself. (Except in technical terms) They're investors, but don't understand how business works. They really are just completely disconnected. Insulated from the reality most Americans face. This goes a long way towards explaining how DC could ignore the recession and take up the causes of global warming and health care. Because where they live, everything is fine... and global warming is a "growth industry" and an investment opportunity.. Not a stealth tax on production. |
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