Millionaires Growing By Leaps And Bounds!!!

Discussion in 'Politics' started by DaGoose, Mar 17, 2011.

  1. DaGoose
    Offline

    DaGoose Gold Member

    Joined:
    Nov 16, 2010
    Messages:
    4,347
    Thanks Received:
    655
    Trophy Points:
    153
    Location:
    Illinois
    Ratings:
    +676
    It looks like President Obama's economic policies are finally kicking in!!!!

    U.S. millionaires population expanded by 8% in 2010 - Yahoo! Finance

    .
     
  2. AquaAthena
    Offline

    AquaAthena INTJ/ INFJ

    Joined:
    Feb 16, 2010
    Messages:
    15,453
    Thanks Received:
    11,061
    Trophy Points:
    2,265
    Location:
    ♥ TEXAS ♥ in Spirit
    Ratings:
    +12,342
    Good news! :D Spells "JOBS" to me.
     
    • Thank You! Thank You! x 1
  3. Gadawg73
    Offline

    Gadawg73 Gold Member

    Joined:
    Feb 22, 2009
    Messages:
    14,426
    Thanks Received:
    1,603
    Trophy Points:
    155
    Location:
    Georgia
    Ratings:
    +1,677
    This report is ASSETS ONLY. Means NOTHING.
    I am worth 2 million but make around 100K a year.
    Those making 1 million or more in salary or profits is more like 300K.
     
  4. FreedomAli
    Offline

    FreedomAli Member

    Joined:
    Mar 7, 2011
    Messages:
    80
    Thanks Received:
    4
    Trophy Points:
    6
    Ratings:
    +4
    After the Fed gets done with QE9 we will all be millionaires working in "production jobs" at McDonald's making $400K a year.

    The only problem is that a hamburger will cost $5K.

    I found it funny that the Bush adminstration started counting fast food as a production job because they "produce" hamburgers. This is how figures lie because liars figure.
     
  5. get_involved
    Offline

    get_involved Gold Member

    Joined:
    Jul 16, 2009
    Messages:
    2,036
    Thanks Received:
    423
    Trophy Points:
    130
    Ratings:
    +565
    Yes, President Obama's economic policies have made my bowel movements much better. Thanks President Obama.
     
  6. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,117
    Thanks Received:
    9,265
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,395
    I'm too old to leap, and I've been out of bounds since my marriage so what the fuck.
     
  7. auditor0007
    Offline

    auditor0007 Gold Member

    Joined:
    Oct 19, 2008
    Messages:
    12,566
    Thanks Received:
    2,255
    Trophy Points:
    255
    Location:
    Toledo, OH
    Ratings:
    +3,218
    Let's see if we can figure this one out. In 2008 the stock market crashed. Hmmm, maybe that would explain the 27% plunge. Since then, the stock market has gradually been working it's way back, hence an increase in millionaires. But the increase was only 8%, so many still have not recouped their losses.

    Truthfully, this don't mean chit. It doesn't mean our economy is growing significantly or that we are about to turn the corner. The only thing that can be said about this is that it's better than having lost another 27% of millionaires. Now that would be news worthy.
     
  8. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Wait, I thought the rich were nasty greedy people. So now Obama's policies have created more of them?? Wouldn't that be a failure of spreading the wealth around?
    Of course the GOP victory in Nov is responsible for any upturn in the economy.
     
  9. FA_Q2
    Offline

    FA_Q2 Gold Member

    Joined:
    Dec 12, 2009
    Messages:
    14,312
    Thanks Received:
    2,087
    Trophy Points:
    255
    Location:
    Washington State
    Ratings:
    +4,319
    The only thing your OP really is saying is that the millionaire population is still 21% lower than it was two years ago. Things are going great, aren't they....
     
  10. Seawytch
    Offline

    Seawytch Information isnt Advocacy

    Joined:
    Aug 5, 2010
    Messages:
    28,998
    Thanks Received:
    3,962
    Trophy Points:
    280
    Location:
    Peaking out from the redwoods
    Ratings:
    +7,043
    Only in China and India...
     

Share This Page