Income Gap Between Rich and Poor Is Highest in Decades! - GoFuckYourself.com

BFT3K · 08-12-2010, 07:26 PM

The gap between the wealthiest Americans and middle- and working-class Americans has more than tripled in the past three decades, according to a June 25 report by the Center on Budget and Policy Priorities.

New data show that the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest parts of the population in 2007 was the highest it's been in 80 years, while the share of income going to the middle one-fifth of Americans shrank to its lowest level ever.

Story continues here...

http://www.huffingtonpost.com/2010/0..._n_639984.html

L-Pink · 08-12-2010, 07:28 PM

The middle class is an endangered species.

.

fatfoo · 08-12-2010, 07:29 PM

It has more than tripled. That's quite a big change.
I would say a person who has less debt is more rich.

woj · 08-12-2010, 07:38 PM

it's not exactly surprising
"rich" spend perhaps 50% of their income and invest the rest... "poor" spend nearly 100% of it, and invest 0%...

eroticsexxx · 08-13-2010, 03:37 AM

It's all very simple. Pick a side.

james_clickmemedia · 08-13-2010, 04:03 AM

It's not just a problem in the US also a problem in the UK.
The problem with the middle classes is they spend money on depreciating assets ( designer clothes, cars, jewelry, cosmetic surgery etc.) trying to look rich whilst the rich know they are rich and invest in things that generally go up in value.

Coup · 08-13-2010, 04:18 AM

the only logical conclusion to free market capitalism is that all of the wealth ends up in the hands of the few. leaving the rest with nothing.. including you.

centralized wealth and power is bad mmkay

maxxtro · 08-13-2010, 04:28 AM

Brujah · 08-13-2010, 04:56 AM

"...I tell you the truth, it is hard for a rich man to enter the kingdom of heaven. Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God." -- Jesus

Coup · 08-13-2010, 05:13 AM

08-12-2010, 07:26 PM	#1
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	Income Gap Between Rich and Poor Is Highest in Decades! The gap between the wealthiest Americans and middle- and working-class Americans has more than tripled in the past three decades, according to a June 25 report by the Center on Budget and Policy Priorities. New data show that the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest parts of the population in 2007 was the highest it's been in 80 years, while the share of income going to the middle one-fifth of Americans shrank to its lowest level ever. Story continues here... http://www.huffingtonpost.com/2010/0..._n_639984.html

08-12-2010, 07:29 PM	#3
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	It has more than tripled. That's quite a big change. I would say a person who has less debt is more rich. __________________ Send me an email: [email protected]

08-12-2010, 07:38 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	it's not exactly surprising "rich" spend perhaps 50% of their income and invest the rest... "poor" spend nearly 100% of it, and invest 0%... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

08-13-2010, 03:37 AM	#5
eroticsexxx Confirmed User Industry Role: Join Date: Aug 2006 Location: Nassau, Bahamas Posts: 3,133	It's all very simple. Pick a side. __________________

08-13-2010, 04:03 AM	#6
james_clickmemedia Confirmed User Join Date: Apr 2003 Location: Texas / London Posts: 2,204	It's not just a problem in the US also a problem in the UK. The problem with the middle classes is they spend money on depreciating assets ( designer clothes, cars, jewelry, cosmetic surgery etc.) trying to look rich whilst the rich know they are rich and invest in things that generally go up in value. __________________ $ CLICKMEMEDIA.COM $ CONVERTING ETHNIC TRAFFIC SINCE 1998 ~ $30+PPS BLACK-X.COM - NEW BLACK EX-GF SITE CLICKMEMEDIA.COM ~ ICQ - 8788771

08-12-2010, 07:28 PM	#2
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	The middle class is an endangered species. .

08-13-2010, 04:18 AM	#7
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931	the only logical conclusion to free market capitalism is that all of the wealth ends up in the hands of the few. leaving the rest with nothing.. including you. centralized wealth and power is bad mmkay Last edited by Coup; 08-13-2010 at 04:23 AM..

08-13-2010, 04:28 AM	#8
maxxtro Confirmed User Industry Role: Join Date: Dec 2002 Location: EU Posts: 561	__________________

08-13-2010, 04:56 AM	#9
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	"...I tell you the truth, it is hard for a rich man to enter the kingdom of heaven. Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God." -- Jesus __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

08-13-2010, 05:13 AM	#10
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931