Interesting study

[merrylander]

The latest Atlantic magazine had a study the broke the country dow into twelve sectors. It naoted that incomes have fallen in seven of those twelve sectors.

http://www.theatlantic.com/magazine/archive/2011/04/the-12-states-of-america/8416/

SO the inequality of income is actually getting worse rather than better.

[BlueStreak]

The latest Atlantic magazine had a study the broke the country dow into twelve sectors. It naoted that incomes have fallen in seven of those twelve sectors.

http://www.theatlantic.com/magazine/archive/2011/04/the-12-states-of-america/8416/

SO the inequality of income is actually getting worse rather than better.

And will continue to get worse as the fleecing continues.
You know, from all of those horrendous Obama tax hikes.:rolleyes:

Dave

[CarlV]

Not surprised sorry to say. :(
Here is a recent interesting read regarding the Wall St. fleecing/war on the middle class off my Congressman's site. No surprises here either.
GAO: Financial Conflicts of Interests in 401(k)s Could Lead to Significant Loss of Retirement Savings (http://georgemiller.house.gov/2011/02/gao-financial-conflicts-of-interests-in-401ks-could-lead-to-significant-loss-of-retirement-savings.shtml)


Carl

[Charles]

Not surprised sorry to say. :(
Here is a recent interesting read regarding the Wall St. fleecing/war on the middle class off my Congressman's site. No surprises here either.
GAO: Financial Conflicts of Interests in 401(k)s Could Lead to Significant Loss of Retirement Savings (http://georgemiller.house.gov/2011/02/gao-financial-conflicts-of-interests-in-401ks-could-lead-to-significant-loss-of-retirement-savings.shtml)


Carl

When you look around the table, and you don't know who the sucker is, then the sucker is you.

Has anyone ever stopped and wondered why the government makes IRA/401K contributions tax deductible in the 1st place?

Chas

[BlueStreak]

When you look around the table, and you don't know who the sucker is, then the sucker is you.

Has anyone ever stopped and wondered why the government makes IRA/401K contributions tax deductible in the 1st place?

Chas

They wait until the pig has grown fat, and then slaughter it when you go to cash out. And God help you if you try to cash out early.

Dave