55 replies to this topic

[Gazi]

Rising stocks yield 300,000 new US millionaires

http://www.cnbc.com/id/100550563


Millionaires Say They’re Better Off Than in 2007

http://www.cnbc.com/id/100464754

[pstall]

when do the new tax increases and health care increases kick in?

[Happy Panther]

We don't need all of this wealth to trickle down. We just need a certain amount.

[Davidson Deac II]

My 401k has nearly doubled since 2009. Not including my contributions to it. So some of it has trickled down.

[Cat]

My 401k has nearly doubled since 2009. Not including my contributions to it. So some of it has trickled down.

Only 50 percent of Americans own stock.

[pstall]

plus, how are folks doing pre 09? time in, versus, timING, is eveything.

[Davidson Deac II]

Only 50 percent of Americans own stock.

So 50% of Americans are directly benefiting from the rise in stock prices? That is a decent number actually.

[g5jamz]

Despite attempts by liberals, you cannot legislate prosperity.

[Cat]

So 50% of Americans are directly benefiting from the rise in stock prices? That is a decent number actually.

I wasn't aware trickle down meant to only 1/2 the population.

[poptarts2]

Heh. Only recovering or moderately beating your market value after half a decade is doing better? You've lost time you can't recover. Guess that's why so many 55 and over are still working and NOT retiring. Funny but before the recession hit, companies in my industry was exchanging average and median age of employees because they absolutely wanted to ensure experienced mgmt/engineers to replace the baby boomers.

Only baby boomers I see taking retirement are those who can take early retirement packages and then immediately have another job lined up. No one I know personally that retired has stopped working.

[MadHatter]

Only 50 percent of Americans own stock.

That would probably be the same 50% that actually pay taxes.

Why do the others need a 401k? They are already supported by the gov't.

[Cat]

That would probably be the same 50% that actually pay taxes.

Why do the others need a 401k? They are already supported by the gov't.

So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats too?


anyways, you guys are off point. How is stock accounts going up proving trickle down works?

[stirs]

I think the poverty is trickling up at a much faster rate. Thanks Obama!!

[MadHatter]

So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats too?


anyways, you guys are off point. How is stock accounts going up proving trickle down works?

Corporate profits crest wealth for stock holders....401k's are made up of stocks....corporate profits up then 401k's are up. That creates wealth for avg joe

[MadHatter]

So now you're claiming 50% of Americans are supported by the gov't. Either you're nuts or your definition of "supported" is quite broad.

Am I allowed to make up my own stats?

Actually the number is only 48.5% of Americans live in a household that receives government support. But only 35% are needs based.

So instead of 1/2 it is only 1/3.

But 1/3 of people being supported by the gov't is still ridiculously high.