Showing posts with label net worth. Show all posts
Showing posts with label net worth. Show all posts

Tuesday, April 23, 2013

Richest get richer, poor get screwed

Pew Research Center reported that between 2009 and 2011, the mean net worth (MNW) of the upper 7% of the wealthy went up an estimated 28%, while the MNW of the lower 93% dropped by 4%. So while you and I were still sinking in the mud of the recession, the upper crust increased their wealth by more than a quarter! What does this say about our capitalistic economic system? That the rich always come out on top?? Who built this pile of ship that it works this way? Oh, yeah: they did.