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To: Dr. Sivana
Using that criterion, a guy with a $200,000 IRA has more wealth than 10,000,000 folks with underwater mortgages.

But that's true.

23 posted on 01/26/2015 11:58:58 AM PST by SamAdams76
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To: SamAdams76
But that's true.

Exactly, but it doesn't mean he can lord it over those 10,000,000 people, or that the 10,000,000 people are living in unbearable poverty. I didn't say it wasn't true, I said it was misleading. Wealth does not equal standard of living.


32 posted on 01/26/2015 12:03:06 PM PST by Dr. Sivana (There is no salvation in politics)
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To: SamAdams76
But that's true.

If you're talking about net worth, perhaps.

But if you're talking about baseline standard of living, it's not.

39 posted on 01/26/2015 12:08:01 PM PST by 9thLife ("Life is a military endeavor..." -- Pope Francis)
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