30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed

http://www.businessinsider.com/30-statistics-that-prove-the-elite-are-getting-richer-the-poor-are-getting-poorer-and-the-middle-class-is-being-destroyed-2010-9#ixzz0yQBpHSPb

30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed

Read more: http://www.businessinsider.com/30-statistics-that-prove-the-elite-are-getting-richer-the-poor-are-getting-poorer-and-the-middle-class-is-being-destroyed-2010-9#ixzz0yX0ksyUq
Original article by:

Michael Snyder

Image: Roger Blackwell via Flickr

Not everyone has been doing badly during the economic turmoil of the last few years.  In fact, there are some Americans that are doing really, really well.  While the vast majority of us struggle, there is one small segment of society that is seemingly doing better than ever.

This was reflected in a recent article on CNBC in which it was noted that companies that cater to average Americans are doing rather poorly right now while companies that market luxury goods and services are generally performing exceptionally well.  So why aren't all American consumers jumping on the spending bandwagon?

Read more: http://www.businessinsider.com/30-statistics-that-prove-the-elite-are-getting-richer-the-poor-are-getting-poorer-and-the-middle-class-is-being-destroyed-2010-9#ixzz0yX16jYb3

• 10 Reasons Why Conservatives Should Be Against Unfair Trade With China And 10 Reasons Why Liberals Should Be Against Unfair Trade With China
• Record Low Mortgage Rates, A Record Low Federal Funds Rate And Obscene Economic Stimulus Spending Have All Failed – Will Nothing Stimulate This Dead Horse Of An Economy?
• Can A Family Of Four Survive On A Middle Class Income In America Today?