Tuesday, December 27, 2011

Congress is getting wealthier, faster than you

Between 1984 and 2009, the median net worth of a member of the House more than doubled, according to the analysis of financial disclosures, from $280,000 to $725,000 in inflation-adjusted 2009 dollars, excluding home ­equity.

Over the same period, the wealth of an American family has declined slightly, with the comparable median figure sliding from $20,600 to $20,500, according to the Panel Study of Income Dynamics from the University of Michigan.

1 comment:

namefromthepast said...

Tell me again why we should cede more and more of our liberties and freedoms to this or any government?

This statistic, amoung many, should create second thoughts about giving any person or group of people rein to act in anyone else's best interest.