Friday, September 19, 2003
The richest of the rich are getting... richer. And fast. The
Independent responds to the Forbes 400 fortune fetish list.
Unemployment:
6.2% in July 2003; (conservative numbers) or
10.2% (broader definition incl. underemployment)
Real Wages change:
+2%/year for the past several years; and
0.0%/year 2002: "stopped growing entirely in 2002."
Net Worth change in Top400:
+10%/year
"The latest Forbes 400 list is further evidence that the affluent are thriving under President Bush even as unemployment continues to rise and the income of average workers remains stagnant."
In 2000 and 2001, the ultra rich lost money with us ($80 Billion). In 2002, they made mad money without us. : (
Independent responds to the Forbes 400 fortune fetish list.
Unemployment:
6.2% in July 2003; (conservative numbers) or
10.2% (broader definition incl. underemployment)
Real Wages change:
+2%/year for the past several years; and
0.0%/year 2002: "stopped growing entirely in 2002."
Net Worth change in Top400:
+10%/year
"The latest Forbes 400 list is further evidence that the affluent are thriving under President Bush even as unemployment continues to rise and the income of average workers remains stagnant."
In 2000 and 2001, the ultra rich lost money with us ($80 Billion). In 2002, they made mad money without us. : (
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