Little Lauren (littlelauren86) wrote in ontd_political,
Little Lauren
littlelauren86
ontd_political

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Gap between rich and middle class grows

The rich are much richer than you and me

NEW YORK (CNNMoney.com) -- The gap between the rich and the middle class is larger than it has ever been due to the bursting of the housing bubble.

The richest 1% of U.S. households had a net worth 225 times greater than that of the average American household in 2009, according to analysis conducted by the Economic Policy Institute, a liberal think tank. That's up from the previous record of 190 times greater, which was set in 2004.Click here to learn about the secrets to accumulating wealthCollapse )

This is great news! Now all we do is wait for some of that wealth to trickle down to the rest of us. It's encouraging to read the comments at the source that tell me that all I need to do is work hard, and then one day I too will receive my millions.

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Tags: cnn, economy, middle class, money, usa, wealth
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