The income gap widens

Discussion in 'Politics' started by PredFan, Sep 13, 2012.

  1. PredFan
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    PredFan Gold Member

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    According to USA Today the gap between the richest 5% and everyone else widened in 2011.

    No kidding?

    Could it be because the rich are smart with their money? Which is what made them rich in the first place. Certainly, being smart with your money, resulting in enough money to be able to invest it or shelter it wisely, helps.

    None of it is the fault of the richest 5%.

    Interestingly, the richest 5%, according to the article, are those making $186k or more a year per household. It's interesting that only 5% of the US households makes over that. It's also interesting on a personal note that I'm only about 20K from being in the 5%. I'll have to get my wife to work some overtime.

    So, the Obama economy has hit everyone who hasn't the where-with-all to protect their income and savings.

    Why does Obama hate the middle class and the poor?
     
  2. Truthmatters
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    Truthmatters BANNED

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    they can effect the elections outcomes with their money.


    remember?
     
  3. PredFan
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    PredFan Gold Member

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    Who, the 5%, or the 95%?
     
  4. NYcarbineer
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    NYcarbineer Diamond Member

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    So every time some 'nut scoffed at the notion that the rich are getting richer and the poor are getting poorer,

    they were full of shit??
     
  5. PredFan
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    PredFan Gold Member

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    Yeah, so? Probably if the person scoffed, it was probably the deductions as to the cause of the phenomena.
     
  6. 8537
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    8537 Senior Member

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    Step one: Deny the income gap is widening. When forced to face reality:

    Step two: Explain that it's because the top 5% are working harder than they used to relative to everyone else, so they deserve it.
     
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  7. PredFan
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    PredFan Gold Member

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    I don't deny it. I've explained it. And yes, the rich stay rich for the same reasons they got rich, because of the choices they made. The poor and middle class, are that way because of the choices they made.

    I'm middle class, and it's because of the choices I made. Now, because I don't have all of the avenues open to me that the rich may have to shelter my money, I am feeling the effects of the Obama Economy.

    I deserve every penny I've earned as so does EVERYONE else; rich, middle class, and poor.
     
  8. Katzndogz
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    Katzndogz Diamond Member

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    As more and more people become unemployed in the obama economy there is no way the income gap could not widen.
     
  9. PredFan
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    PredFan Gold Member

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    This is correct.

    Proof that if the democrats win, the middle class loses.
     
  10. 8537
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    Why shouldn't you have access to the same avenues to shelter money?
     

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