Wednesday, September 19, 2012

The Rich Got Richer....Again!

The Republicans are correct.  Obama is redistributing all of the wealth and it is going straight to the rich people.  The Republicans should be thrilled.

Avg net worth of richest Americans hits record $4.2 bln

The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion.

The average net worth of the 400 wealthiest Americans rose to a record $4.2 billion, up more than 10 percent from a year ago, while the lowest net worth came in at $1.1 billion versus $1.05 billion last year,

"The gap between the very rich and merely rich increased and helped drive up the average net worth of The Forbes 400 members to an all-time record $4.2 billion,"

Collectively, this group's net worth is the equivalent of one-eighth of the entire U.S. economy, 

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.

Gates, the chairman of Microsoft Corp., topped the list for the 19th year in a row, with $66 billion, up $7 billion from a year earlier.  Bill is the only guy I know who can give away all his money (wink, wink) and still have all his money.  Not only have it but increase it by 7 BILLION Dollars.

So if the rich people are the job creators……  Where are all the job?  Oh right they are in China.  I keep forgetting

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