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To: Irisshlass
What are you saying? Everyone in America needs to quit their jobs and become shareholders?

No, but that hasn't stopped more and more people from becoming shareholders. In 1980, only 25% of all American workers were invested in the market. Today, that number is closer to 60%. That's one reason our household net worth has been climbing to record highs and why our middle class is doing so well. As a matter of fact, the economy is doing so well that 80% of all millionaires in the U.S are first generation rich.

Where the profits go does indeed matter. Even though the doomers hate to see others getting wealthy while they stagnate and grow bitter.

85 posted on 12/12/2006 11:07:31 AM PST by Mase (Save me from the people who would save me from myself!)
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To: Mase
In 1980, only 25% of all American workers were invested in the market. Today, that number is closer to 60%. That's one reason our household net worth has been climbing to record highs and why our middle class is doing so well.

In 2001 top 5% owned 60% of national wealth, while bottom 60% owned 4%. How is it now?

90 posted on 12/12/2006 11:10:43 AM PST by A. Pole (Mandarin Meng-tzu: "The duty of the ruler is to ensure the prosperous livelihood of his subjects.")
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