US super-rich hit new wealth record five years after financial crisis Forbes magazine says the 400 wealthiest Americans are worth a record $2.2tn, up from $1.7tn in 2012 So, wait all wait for some of that good old fashioned trickle down... right... Don´t tell me, they aren´t tricking, because they don´t trust the communist POTUS.
Or... it could just be that the real rate of inflation is much higher than the official statistics claim.
There will be no trickle when the smell of theft is in the air. The left believes they are owed the wealth of others. At this point it looks like we'll have to wait for Obama to leave office before the economy grows once again. That is, if we even survive Obamacare.
If it is the "underreported rate of inflation", why isn't the "wealth" of the working class inflating right along with theirs?
Because inflation increases the effective rate of taxation, diverting purchasing power to the government. Anyone who studies history knows inflation hurts the poor most. Contrary to popular belief, most of the wealth of the rich is not in the form of money.
