Report: Richest 7% got richer during recovery
Posted in the Gerber Forum
#1 Apr 23, 2013
Won't be long before we take it back!
WASHINGTON (AP)- The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report released Tuesday.
The upper 7 percent of households owned 63 percent of the nation's total household wealth in 2011, up from 56 percent in 2009, said the report from the Pew Research Center, which analyzed new Census Bureau data released last month.
The main reason for the widening wealth gap is that affluent households typically own stocks and other financial holdings that increased in value, while the less wealthy tend to have more of their assets in their homes, which haven't rebounded from the plunge in home values, the report said.
Tuesday's report is the latest to point up financial inequality that has been growing among Americans for decades, a development that helped fuel the Occupy Wall Street protests.
A September Census Bureau report on income found that the highest-earning 20 percent of households earned more than half of all income the previous year, the biggest share in records kept since 1967. A 2011 Congressional Budget Office report said incomes for the richest 1 percent soared 275 percent between 1979 and 2007 while increasing just under 40 percent for the middle 60 percent of Americans.
#2 Apr 23, 2013
"Won't be long before we take it back..."
-Road Toa d
Be careful what you wish for Road Toa d...
Remember... WE are the ones with the guns...!
Oh... by the way...
LOVE your new screen name - "A Toad Roady"...!
You ARE misspelling it... as usual...!
It should be... "A Toad Road y"...
Because every time you post under this new screen name you are thinking of ME...!
You just can't stop thinking about me... can you Road Toa d...?!!!
Now now give us all another "Toad Road y" Poodle-Bitch rant and dance for ME again...!
#4 Apr 23, 2013
So what this says is, oblamer IS destroying the middle class, and he is all about making the rich, richer.
Thanks for the posting nicoliar,
#5 Apr 24, 2013
Funny how the truth shut down this thread!
LMAO at you dopes who's only replies were:
Clueless, nuts, and disagree.
You dumbasses can't even back up those stupid icons!
LMAO at you dumbass liberal losers!!!
#6 Apr 24, 2013
Give me a post #.
I just reviewed the thread and I have no idea what "truth" you are talking about. You are so delusional. To much Fox and Rush have made the truth unrecognizable to you.
#7 Apr 24, 2013
So said the Obamaphile Democrat who claims to be worth over $100 Million Dollars and has gotten "richer during (the) recovery"...
You know Road Toa d...
That either makes you a HYPOCRITE...
Or a LIAR...!
Which is it Road Toa d...?
LOVE your new screen name "Toad Road y"...
It shows you are still constantly thinking about ME...!
#8 Apr 24, 2013
You, you moron have done it again!
You've proved that you don't know anything about common sense and or truth!
Your stupid tantrums have not disproved my posts that oblamer is killing the middle class, and he is for the rich, they only have proven my point that you know not truth and common sense, and that you are a juvenile moron! AKA Typical liberal!
#9 Apr 24, 2013
No, you are the moron, because the only thing in this thread from you is your OPINION, the fact that you call your OPINION truth and common sense does not make it so.
If there is anything here that you think is actually 'truth', not just your opinion, please specify and I promise you I will prove it wrong.
#10 Apr 24, 2013
The rich got richer because they own our useless president. The government is a great customer to many corporations and Obama is our check signer-in-chief!
#11 Apr 24, 2013
It's not my opinion you dope, that any already existing or new background check law would have kept guns out of the hands of any criminal who doesn't obey the laws in the first place! Look at Chicago you moron!
Chicago's Murder Rate in 2013 is Already Outpacing 2012
Chicago's Shootings Didn't Happen In a Movie Theater, But It's Still the World's Deadliest City
Two months before alleged killer James Holmes stormed a Colorado movie theater, murdering 12 and… Read…
Murder is routine in the city of Chicago, which experienced over 500 homicides last year (the number ranges from 506 to 516, depending on your source).
And how about DC, you dipshit!
Violent crime in D.C. surges in 2012
Internal police data show citywide problem.
And guns aren't allowed at all for the law abiding citizens in these murder capitals of the USA!
And only a dipshit like you would not want to be armed to protect their self while a mad man is running the streets with illegally obtained guns, and bombs too!
“Government IS the problem.”
Since: Jan 08
#12 Apr 24, 2013
Exactly. The Dem donors due very well in this economy.
#13 Apr 25, 2013
Promises, promises! LMAO at you.
The worst thing about this topix is, we can't see you dipshits pout when we blow you away with "TRUTH & COMMON SENSE"
Still LMAO at you!!!
#14 Apr 25, 2013
Your lack of logic is astounding.
First of all, background checks would stop a lot of criminals from getting guns if the loopholes were closed and the relevant information made nationally available. You say criminals "don't obey those laws".....well duh!....they don't buy their guns at gun shops because they know about the background checks, so they buy them at gun shows without a background check and then sell them on the streets.
That is why we should close the gun show loophole.
And as far as Chicago is concerned you miss the whole point of it. Chicago is proof that we need stronger NATIONAL gun control laws. The local laws are not effective because of things like cars and buses and trains. People simply drive a few hours buy whatever they want, take it back to places with stricter laws and use it or sell it to criminals.
That is proof that we need NATIONAL GUN CONTROL.
#15 Apr 25, 2013
I mean shoot as it stands you can be on the terrorist watch list and still buy guns at a gun show.
You can be just released from the hospital for the criminally insane, or a tattood gang banger with a felony record, and you can go to a gun show and buy a gun legally.
You are not really saying that that is ok are you?
#16 Apr 25, 2013
Your pure unadulterated ignorance is mind blowing!
You base nothing on fact, you base it all on feeeeeelings!
And that is just plain stupid!
And how about your promise??? It ain't happened yet!
ROTFLMAO at you!
#17 Apr 25, 2013
They can't do that in Chicago or DC you dope!
And they are not the murder capitals of the USA, they are the murder capitals of the WORLD!
#18 Apr 25, 2013
Ever heard of an Automobile, aka a car?
you put gas in them and can drive from one place to another, one town to another, one state to another, that is why we need national gun control.
Logic little guy.
#19 Apr 25, 2013
OK dense little pud!
It obviously has gone over your miniscule head again, why would they when they can just go down the street and buy them black market??? Like they already do! DUUUHHH
Logic... little pud!
#20 Apr 25, 2013
Where do you think those black market guns come from?
Lots of them come from the "entrepreneurs" who drive to gun shows and other states with more lax gun laws, stock up on guns, and then come back to places like Chicago and DC and sell them on the black market....just like most of the guns used by the cartels were purchased legally in the U.S. and then resold on the black market.
And that is exactly why we need stronger NATIONAL gun laws.
Yes logic little guy.
And you still havn't answered my question.
Do you think somone on the terrorist watch list, or a felon, or somone fresh out of mental hospital, should be able to go to a gun show and purchase a gun? No background check to prevent them from buying guns????
#21 Apr 25, 2013
Since they can't/won't answer your question, I will. Yes the right -wing freaks who post on this forum think it's o.k. for somone on the terrorist watch list, or a felon, or somone fresh out of mental a hospital should be able to go to a gun show and purchase a gun? No background check to prevent them from buying guns????
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