Well, I have just made my calculation of the end of the year financial results. Comparing this to year end 2008, our net worth is up 90%. Obama’s term in office has been pretty good to us. (For nefarious people who might be reading this, let me add that very little of our net worth is at our home. Most of it is safely tucked away in the “bank”.)
I am worried about the welfare of the other 90% of the income earners below us that have not made progress at all or who have even lost ground.
We can pat ourselves on the back for having elected President Obama, twice. We can also be very concerned that the gains have been limited to the top 10% of income earners. Should we be surprised that the enthusiasm of 90% of the voters is not as great for President Obama as it once was. Of course The Secret Lists that Swiped the Senate might have had something to do with the lower turn-out for Democrats in the last election.