Obamanomics is working- US Lost 129,000 Millionaires in 2011

Discussion in 'Politics' started by Neotrotsky, May 31, 2012.

  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    Obamanomics is working- US Lost 129,000 Millionaires in 2011-


    America’s millionaire population declined last year for the first time since the financial crisis, according to a new report.

    The population of U.S. millionaire households (households with investible assets of $1 million or more) fell to 5,134,000 from 5,263,000 in 2011, according to The Boston Consulting Group’s Global Wealth study.

    Virtually all of the growth in global millionaires came from emerging markets last year. While the United States lost nearly 130,000 millionaires, the rest of the world added 175,000 millionaires.


    Socialism works!
    :eusa_whistle:
     
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  2. uscitizen
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    uscitizen Senior Member

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    Yah when the value of the homestead dropped many lost their millionaire status.

    I did not however lose mine.
     
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  3. Moonglow
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    Moonglow Diamond Member

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    How many billionaires or millionaires were created?
     
  4. DontBeStupid
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    DontBeStupid Look it up!

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    " The main reason for all this wealth loss? Stocks."

    Please explain to us how Obama affected the stock market.
     
  5. Moonglow
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    Moonglow Diamond Member

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    Obamanomics is working!!!!!!!!!!!!!!!!!!!!!!


    By Aaron Smith, staff writerMarch 16, 2011: 1:37 PM ET

    U.S. millionaires population expanded by 8% in 2010 - Mar. 16, 2011

    So we see that again the turdinsky is wrong again, and his loser/hater attitude is found to be lacking in the ability to reason.
     
  6. RightWingFerret
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    RightWingFerret BANNED

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    and dumbass bambi never mentions this to his crowds of 15 yr olds. only the naive and young will believe all the crap he spews to them about taxing the rich,,as if millionaires are all over the place!
     
  7. RightWingFerret
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    RightWingFerret BANNED

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    I can say that alot of millionaires have built winter homes here in naples/marco island,,,,,absolutley some of the most awesome beach homes in America,,,,I watched Steven Spielsburgs house go up on the beach here,,,,pretty big house! u can even walk around it.
     
  8. Moonglow
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    Moonglow Diamond Member

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    not like most houses that you must levitate through?
     
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  9. DontBeStupid
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    DontBeStupid Look it up!

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    There are over 5,000,000 millionaires in America.

    Clearly they are an endangered species.
     
  10. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    How is he wrong? You article stated that there were 8% more millionaires in 2010 and his article said 129,000 were lost in 2011.

    Perhaps you're lacking the ability to reason.
     

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