Rich-Poor Gap Widens to Most Since 1967 as Income Falls - Bloomberg

Rich-Poor Gap Widens to Most Since 1967 as Income Falls - Bloomberg

 The U.S. Census Bureau figures released yesterday underscored the struggles of American families in a sputtering economic recovery. The report also showed the income gap between rich and poor people grew to the widest in more than 40 years in 2011 as the poverty rate remained at almost a two-decade high. 


This is the real result of Keynesian stimulus, in my opinion, and as long as we have trillion dollar deficits, things will only get worse. You can pain me now or pain me later, or you can even pain the next generation. Perhaps this will go down as the GD...the Great Delay.