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

[Neotrotsky]

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.
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Socialism works!

 

[uscitizen]

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

I did not however lose mine.

 

[Moonglow]

How many billionaires or millionaires were created?

 

[DontBeStupid]

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

Please explain to us how Obama affected the stock market.

 

[Moonglow]

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

NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.

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.

 

[RightWingFerret]

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!

 

[RightWingFerret]

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.

 

[Moonglow]

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.

not like most houses that you must levitate through?

 

[DontBeStupid]

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!

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

Clearly they are an endangered species.

 

[Dont Taz Me Bro]

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

NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.

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.

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.

 

[Dont Taz Me Bro]

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!

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

Clearly they are an endangered species.

Who do you think pays for your thieving Marxism?

 

[DontBeStupid]

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!

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

Clearly they are an endangered species.

Who do you think pays for your thieving Marxism?

Currently? No one.

 

[RightWingFerret]

I hear there are about 3 Million Millionaires here,,it sounds about right. there probably were 5 million in 2007 until Pelosi/Reid collapsed the economy on purpose.

 

[The Rabbi]

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

NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.

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.

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.

Any article or commentary containing the words millionaire, more, and grow is taken to support his position. This is what it is like dealing with someone with subpar intelligence.
Besides, I thought the left would be hailing Obama's victory towards making the US more egalitarian.

 

[sealybobo]

Companies like Wallmart come in because of the GOP and Free Trade and they send all the manufacturing jobs overseas and wonder why the upper middle class is disappearing along with the middle class.

You took away their customer base when you lowered our wages. And you made it impossible for those millionaires who were barely millionaires to compete with the Koch Brothers and the Big Multinational companies.

Quite simply, we don't manufacture anything anymore. You can't be a great country if you don't make anything, and if the top 1% have all the money. How can business' thrive when we don't have any money to spend? We're putting it all in our gas tanks and hospital bills and co pays.

 

[The Rabbi]

Companies like Wallmart come in because of the GOP and Free Trade and they send all the manufacturing jobs overseas and wonder why the upper middle class is disappearing along with the middle class.

You took away their customer base when you lowered our wages. And you made it impossible for those millionaires who were barely millionaires to compete with the Koch Brothers and the Big Multinational companies.

Quite simply, we don't manufacture anything anymore. You can't be a great country if you don't make anything, and if the top 1% have all the money. How can business' thrive when we don't have any money to spend? We're putting it all in our gas tanks and hospital bills and co pays.

Are you competing to see who can lie more in one post? If so you're doing a splendid job.

 

[sealybobo]

I hear there are about 3 Million Millionaires here,,it sounds about right. there probably were 5 million in 2007 until Pelosi/Reid collapsed the economy on purpose.

You forget that Pelosi Reed took over the Congress because the economy was already bad for the middle class and the GOP were doing nothing about it. They said things were great when jobs were fleeing the country and all the wealth was going to the top 1%.

Also, when we look at what really collapsed the economy, wars, sending jobs overseas, tax breaks for the rich, deregulations, bankers acting badly, mortgage lenders predatory lending, oil and healthcare companies gouging, allowing illegals to do "jobs Americans won't do". McCain's own words.

It kind of makes you seem stupid when you say it was Pelosi, Reed and Fanny Mae/Freddy Mack.

P.S. Most people 70% still understand that it was Bush's policies that led us to the crash, yet you keep denying it? Are you a liar or stupid? You are hoping time will help people forget. I understand, you dishonest fuck.

 

[sealybobo]

Companies like Wallmart come in because of the GOP and Free Trade and they send all the manufacturing jobs overseas and wonder why the upper middle class is disappearing along with the middle class.

You took away their customer base when you lowered our wages. And you made it impossible for those millionaires who were barely millionaires to compete with the Koch Brothers and the Big Multinational companies.

Quite simply, we don't manufacture anything anymore. You can't be a great country if you don't make anything, and if the top 1% have all the money. How can business' thrive when we don't have any money to spend? We're putting it all in our gas tanks and hospital bills and co pays.

Are you competing to see who can lie more in one post? If so you're doing a splendid job.

Why would any company or rich person invest in America when America won't even invest in America. Paul Ryan and Bush refused to spend money on our falling apart infrastructure. Then they refused to raise the debt ceiling, even though they did it for bush 400 times. Companies and rich people are over in china investing. They have citizens who's wages are going up and up and up. That's who they want to sell to. Not us. Our wages haven't gone up in 30 years. We spend all our money on gas and hospital visits.

Oh, and for those who think things were great when Bush was in office, let me remind you of where we were in 2007:

Roll Back the Reagan Tax Cuts | Common Dreams

8-2007

Since Bush has been president:

•over 5 million people have slipped into poverty;
•nearly 7 million Americans have lost their health insurance;
•median household income has gone down by nearly $1,300;
•three million manufacturing jobs have been lost;
•three million American workers have lost their pensions;
•home foreclosures are now the highest on record;
•the personal savings rate is below zero - which hasn't happened since the great depression;
•the real earnings of college graduates have gone down by about 5% in the last few years;
•entry level wages for male and female high school graduates have fallen by over 3%;
•wages and salaries are now at the lowest share of GDP since 1929.

And the numbers got even worse by the time he left office. And were still getting bad months into Obama's term. Hardly Obama's fault. Or Pelosi's. I won't even entertain the thought. That's a joke I'm sick of hearing. Makes me laugh at you for being stupid or makes me mad that you are such a liar. But I believe you believe the shit coming out of your mouth.

PS. I bet you were for the war in Iraq and you want to go to war with Iran, huh Rabies?

 

[Moonglow]

Companies like Wallmart come in because of the GOP and Free Trade and they send all the manufacturing jobs overseas and wonder why the upper middle class is disappearing along with the middle class.

You took away their customer base when you lowered our wages. And you made it impossible for those millionaires who were barely millionaires to compete with the Koch Brothers and the Big Multinational companies.

Quite simply, we don't manufacture anything anymore. You can't be a great country if you don't make anything, and if the top 1% have all the money. How can business' thrive when we don't have any money to spend? We're putting it all in our gas tanks and hospital bills and co pays.

the USA is a very larger manufacturer and is the most efficeint

 

[Moonglow]

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!

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

Clearly they are an endangered species.

Who do you think pays for your thieving Marxism?

damn those theiving marxists stock brokers and investment agents.