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Don't panic, all is well, millionaires are making a comeback.

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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 01:03 PM
Original message
Don't panic, all is well, millionaires are making a comeback.
Edited on Fri Mar-18-11 01:03 PM by MadHound
"The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group."

<http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm>

Woo Hoo! Last year saw the creation of another 600,000 millionaires:woohoo::party:

Meanwhile, last year saw the growth in the number of people falling into poverty climb 4.2 million, to a staggering 47.8 million. Do you grasp that number, 15.7% of our population lives in poverty.

And as Obama delivers tax cuts to the rich with one hand, with the other he joins hands with the Republicans to cut programs to help the poor.

What a fine country this has become:puke:
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 01:06 PM
Response to Original message
1. K&R-then by RW "logic" there should be more jobs than people to fill them...
Edited on Fri Mar-18-11 01:06 PM by old mark
Could they be wrong?


mark
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Chris_Texas Donating Member (707 posts) Send PM | Profile | Ignore Fri Mar-18-11 01:22 PM
Response to Original message
2. Great news! 600K new millionaires = 1.2 million new gardeners and maids!
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taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 02:06 PM
Response to Original message
3. This is good news
The low-end millionares that joined these ranks are mostly middle class. It's good to see the middle class doing better.
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