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Even Rich Feel Pinch as U.S. Economic Woes Move Up Income Ladder

National News • May 22, 2008
The lifestyles of the rich may be set for a downgrade as the U.S. economic malaise works its way up the income ladder, according to a survey released Wednesday. The sharp slide in confidence among ...

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Subject: RE: RE: RE: Rich People

Posted On: May 23, 2008, 9:55 am CDT
Posted By: interested party
Comment:
A couple of things are being overlooked here. The value of the dollar has a great deal to do with our mess. Based on the dollar value as it should be (not as it is due to congress overspending for years) oil should be about $70.00 a barrel not $128.00 to $130.00. Our cost of food is also drastically affected by the same thing, cars, clothes ect. Lest we forget the current president is in the Oil Business as is his father before him and the price is higher than it should be...What a suprise...At this time in our history about 10% of the population control 60% of the wealth while about 70% of our population have a net worth of "0". The other 20% are being taxed into the lower bracket with no net worth. In the fortys and fiftys about 70% of the country was in the middle class. Thats what made us strong. We are now becoming more like old mexico with a few families controlling everything...What does anyone think should be done to turn this arround? I sure don't have the answers, but I know what the questions should be to our leaders....
Subject Posted By Posted On
Rich People Mike
May 27, 2008, 3:45 pm
RE: RE: RE: RE: RE: Rich People lastbat
May 23, 2008, 12:56 pm
RE: RE: RE: RE: Rich People Walter
May 23, 2008, 11:03 am
RE: RE: RE: Rich People interested party
May 23, 2008, 9:55 am
RE: RE: RE: Rich People Gasman
May 23, 2008, 8:09 am
RE: RE: Rich People Guy
May 23, 2008, 6:24 am
RE: Rich People Ed
May 22, 2008, 4:02 pm
RE: Rich People lastbat
May 22, 2008, 2:35 pm
RE: Rich People Curious
May 22, 2008, 1:59 pm
Rich People PRT
May 22, 2008, 12:58 pm
Rich People William Cashman
May 22, 2008, 12:23 pm
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