Quote:
Originally Posted by GREENBACK
Doesn't look like the rich are getting richer there B.A.. Do they also have a poor chart to show that the poor are getting poorer?  |
Well, I suppose it does seem that way.
However, 2002 through 2007 wasn't all that bad for all economic classes. People were having a good ole time spending borrowed money through the housing bubble.
The original point is, "The rich gets richer, while the poor gets poorer", to imply a widening gap. Maybe.
But as 2008 shows, that's not entirely true. In 2008, the rich trended down along with everybody else.
So, the rich does not always get richer.