Originally Posted By: Sky-Guy
Typical AP propaganda piece...they


I'm assuming you are talking about the Associated Press and not me.

In fact, EVEN the Associated Press article did mention the distribution aspect of all this: "Still, the gains haven't been equally distributed. The wealthiest 10 percent of U.S. households own about 80 percent of stocks. And home ownership has declined since the recession, particularly among lower-income Americans."

My original point in posting this and including the "congrats" was entirely tongue-in-cheek. Obviously people are struggling yet the wealth numbers themselves aren't false (yes, you can argue that buying power is less although an argument that buying power is 35% less over the last 5 years is dubious). This wealth DOES exist but most haven't seen any of it. This all goes back to the distribution of wealth thread and my feeling that this IS a limit as to how far the gap can go before there is widespread social unrest.

And we're STILL going to be hearing that there is a a socialist plot to restribute of wealth from the rich to the middle/lower class. The reasons to dislike Obama's economic policies are exactly the OPPOSITE of that though. This is just more of the worst type of captalism where market efficiencies mean nothing compared to cronyism, market manipulation, and all sorts of mechnanisms that most of us would consider fraud.