Rising Hegemon
Between 1984 and 2009, the median net worth of a member of the House more than doubled, according to the analysis of financial disclosures, from $280,000 to $725,000 in inflation-adjusted 2009 dollars, excluding home equity. Over the same period, the wealth of an American family has declined slightly, with the comparable median figure sliding from $20,600 to $20,500, according to the Panel Study of Income Dynamics from the University of Michigan.Behold the new gilded age.
4 comments:
Capitalism Vult!!!
at least partially due to the huge increase in cost to run for Congress-very few non-rich folks even try for a nomination anymore
who said govt jobs didn't pay.
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