To: PTBAA
John Kennedy had a family Trust worth 10 Million at death in 1963
I wonder how that is 1 Billion Dollars?
To: scooby321
John Kennedy had a family Trust worth 10 Million at death in 1963
I wonder how that is 1 Billion Dollars?
I wonder the same about Kennedy and Clinton. Those figures must be '2015 dollars' or some such. That also makes the list somewhat irrelevant.
Washington was wealthy before becoming president. Clinton was flat broke when he left the presidency (according to Hillary), so BJ's wealth apparently came from post-presidency speeches.
28 posted on
07/10/2015 6:25:41 AM PDT by
TomGuy
To: scooby321
John Kennedy had a family Trust worth 10 Million at death in 1963 I wonder how that is 1 Billion Dollars?
Inflation is a huge joker in this deck. IMHO $10 in 1963 would be well over $100 today. Big chunk of that was Carterflation . . . In the 1930s or so, someone said that if you have a million dollars your are as well off as if you were rich. $1M today doesnt put you in that category. Except by biblical standards, of course . . .
31 posted on
07/10/2015 7:02:43 AM PDT by
conservatism_IS_compassion
('Liberalism' is a conspiracy against the public by wire-service journalism.)
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