Saturday, August 22, 2009

The Rich Ain't So Rich Anymore


The trend over the last thirty years has been an ever increasing disparity between the haves of America and the have-nots. The super rich of this country had been enjoying an uninterrupted explosion of their personal wealth while incomes in the middle have flat lined. Now, the good times seem to have come to end. The recent contraction in our economy has hit the "rarifieds" hard and magnificent fortunes have been decimated. It is hard to believe that recovery will be quick to arrive, though you'll hear little sympathy from the working man who has struggled to keep his head above water for decades. Click on the link above to read more about this turn of events and the calamity it's caused in that echelon.

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