U.S. Adds 1.1 Million Millionaires Under President Obama:

Discussion in 'Politics & Religion' started by Free Thinker, Nov 5, 2012.

  1. obama has been good for the markets:

    Debate over the strength of the U.S. economy has been at the heart of much of this year's presidential election. Mitt Romney has continually slammed President Barack Obama on his economic record and accused him of being "anti-wealth," but a recent survey from British analyst WealthInsight reports the U.S. has added 1.1 million millionaires since Obama was elected in 2008.

    According to the London-based wealth-analysis group, the figure means the number of millionaires has grown by 28.6 percent. This is equivalent to over a thousand new millionaires per day during Obama’s first three years,

    http://www.huffingtonpost.com/2012/11/02/us-one-million-new-millionaires-obama_n_2066177.html
     
  2. I'm sure Zimbabwe had a run up of millionaires as well.

    How about putting that in terms of buying power?
     
  3. Lucrum

    Lucrum

    But...but...you guys hate millionaires.
     
  4. Ricter

    Ricter

    That's a snapshot. What is the rate of new millionaires by year?
     
  5. <img src='https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcT-9Ya1r6atuudsdN9ZQ7vqvhy_JAKapJ_blusLBBjT3ttF_wRv4g'>
     
  6. 1.1 Million Democratic cronies handed our tax money via stimulus spending.
     
  7. Ricter

    Ricter

    Hmm, come to think of it, by year would not take into account the growth of GDP.