Tuesday, April 30, 2013

And the rich get richer, the poor get poorer.

From The Political Carnival

(You can read more by following the link)
 
In one of the worst economic downturns since the Great Depression, the billionaire Koch brothers who habitually rail against government's unfair burden on the wealthy, have almost doubled their net worth to a combined $64 billion [...]

    During that same time period, some of the bleakest economic news has been reported for the rest of America. Just yesterday, the Pew Research Center released a study showing that between 2009 to 2011 the richest 7 percent of Americans increased their wealth by 28 percent while the remaining 93 percent of households lost 4 percent of their net worth. The study analyzed Census Bureau data for the period.

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