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On Sep 29, 7:20*am, wf3h wrote:
i know, i know it's a shock!! but it actually happened. the rich, of course, have only the best interests of the middle class at heart and would never act out of greed. it's only the unworthy middle class that takes everything and gives nothing in return, forcing the rich to live on the scraps of the land: http://www.msnbc.msn.com/id/33066877...s_and_economy/ WASHINGTON - The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets. The wealthiest 10 percent of Americans — those making more than $138,000 each year — earned 11.4 times the roughly $12,000 made by those living near or below the poverty line in 2008, according to newly released census figures. That ratio was an increase from 11.2 in 2007 and the previous high of 11.22 in 2003. Household income declined across all groups, but at sharper percentage levels for middle-income and poor Americans. Median income fell last year from $52,163 to $50,303, wiping out a decade's worth of gains to hit the lowest level since 1997. Among other findings: Income at the top 5 percent of households — those making $180,000 or more — was 3.58 times the median income, the highest since 2006. Twenty-one states and the District of Columbia had higher poverty rates than the national average, many of them in the South, such as Mississippi (21.2 percent), Kentucky, Arkansas and Louisiana (each with 17.3 percent). That's compared with 19 states and the District of Columbia that ranked above U.S. poverty in 2007. ------- gee. the middle class had all its gains wiped out, but the rich, god love 'em (and he DOES!!), did just fine no wonder the right wing loves the current economic situation. and the SOUTHERN states...with their GOP right wing mentality...are among the poorest... "WASHINGTON - The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets. .." Odd, my buisness has done fairly well this year. So much so, that I don't really have any reason to gripe. Then again, I never really found complaining worthwhile anyhow. |
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