The IRS reported Monday that there were 47,000 people with a net worth greater than $20 million in the USA. This amounts to about one out of every 6000 people. At the Democrat convention there are at least eight delegates with a net worth of over $20 million:
- Nancy Pelosi
- Bill Clinton
- Hillary Clinton
- Ted Kennedy
- Michael Moore
- John Kerry
- Al Gore
- John Edwards
There are about 5000 delegates at the convention so at least one in six hundred makes the $20 million list. The math works out that Democrat delegates are ten times as likely to be rich as the average American.
My conclusion is that “helping the poor” is a good path to wealth.
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Very good math.
When the Republicans meet do the math again and see if it is more profitable to help the rich.
gene
I agree with Gene and would suspect the same math applies to the Republican top tier. Oh well, Consider the advise given to Robinson Crusoe by his father that”what might be called the Upper Station
of Low Life, which he found by long experience, was the best state
in the world, most suited to human happiness”.