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Saturday, April 27, 2013

Wealth Inequality widens in America



Just during Obama's tenure, becoming rich through hard work has been redefined to be a bad thing. Remember Joe Plumber? The left in this country literally demonized him. Obama hates people with lot of money. He want to steal as much of it as he can. His whole campaign is built around how rich people stole the money they have.

The past few years or so have often been called the start of the economic recovery in the United States and while there's been good news, it hasn't necessarily been for everyone. According to a new PEW Research Report wealth inequality widened dramatically during 2009-2011, as the upper 7 percent of American households saw their average net worth increase 28 percent, while the wealth of the other 93 percent declined. The report says data shows that the economic growth that has followed the Great Recession has benefited mainly those at the top.
NEWS ON BUZZ
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