John Simkin Posted January 30, 2012 Share Posted January 30, 2012 There are 250 millionaires in Congress. Their median net worth is $891,506, nine times the typical US household. Around 11% are in the nation's top 1%, including 34 Republicans and 23 Democrats. Link to comment Share on other sites More sharing options...
Christopher Hall Posted January 30, 2012 Share Posted January 30, 2012 Yes, it's certainly some citizen Congress we have, isn't it? The separation from reality that these people have is infinitely more pronounced with those members who have never experienced living in a lower or middle class environment, because they really can't adequately imagine what economic survival entails. I don't fault people who were born wealthy (e.g. the Kennedys, the Bushes, Mitt Romney) and I certainly don't think that their good fortune should bar them from public service, but I have life experiences to which they will never be able to relate. I once saw a video from a Ted Kennedy campaign stop and a man confronted him saying "Senator, you've never worked a day in your life". A person standing by Kennedy told him "You ain't missed a damned thing." Link to comment Share on other sites More sharing options...
Calvin Ye Posted April 5, 2021 Share Posted April 5, 2021 US is a hybrid of plutocracy, kleptocracy and financial oligarchy Link to comment Share on other sites More sharing options...
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