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While millions of Americans saw their incomes decrease, their job opportunities dissipate and their home values drop as the economy dipped, the 535 men and women they elected to represent them in the U.S. Congress were not only shielded from the economic downturn but gained during it.
The average American’s net worth has dropped 8 percent during the past six years, while members of Congress got, on average, 15 percent richer, according to a New York Times analysis of financial disclosure. The median net worth of members of Congress is about $913,000, compared with about $100,000 for the country at large, the Times’ analysis found.
This wealth disparity between lawmakers and the people they represent seems to be continually growing. Nearly half of Congress — 249 members — are millionaires, while only 5 percent of American households can make the same claim.
I read this earlier today. It's not just limited to Congress. The 1% have seen their fortunes increase over the last 4 years while everyone else is struggling. There also the question of why there are so many millionaires in congress...well once I saw that it takes 10 million dollars for a successful campaign, there's your answer.
One thing people are forgetting about the 1%. They are getting richer due to Progressive globalist policies. When a corporation starts to trade globally, they end up selling more product and thus.......the horror... MAKE MORE MONEY! I find it odd that Progressives and liberals complain about the 1% making more money than ever, when it is THEIR ideology that is allowing it to happen. A multinational company is just that. MULTINATIONAL which means customers from MULTIPLE nations!
Rumor has it that we as citizens can do something about this on Nov. 6th.
I wanted to tell everyone that because it seems like typically most Americans don't know what that date is.
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