December 19, 2007

From the Land of Opportunitude

As long as you are one of the have mores....
The Booming Bush Economy.

NEW YORK: The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office show.
The poorest fifth of households had total income of $383.4 billion in 2005, while just the increase in income for the top 1 percent came to $524.8 billion, a figure 37 percent higher.
The total income of the top 1.1 million households was $1.8 trillion, or 18.1 percent of the total income of all Americans, up from 14.3 percent of all income in 2003. The total 2005 income of the 3 million individual Americans at the top was roughly equal to that of the bottom 166 million Americans, analysis of the report showed.[…]
At every income level, Americans had more income, after adjusting for inflation in 2005, than in 2003, but the increases ranged from almost imperceptible for the poor to modest for the middle class and largest for those at the top.
On average, incomes for the top 1 percent of households rose by $465,700 each, or 42.6 percent after adjusting for inflation. The incomes of the poorest fifth rose by $200, or 1.3 percent, and the middle fifth increased by $2,400 or 4.3 percent.
Chimpy's economy is rolling along! Never mind those dark clouds. The economy is good, we found WMDs, we are the morality party, and I have it on good work that Jesus himself just officially became a republican in heaven. Trust me. I promise not to cum in your mouth. Have I ever lied to you before?

Not hard to predict the economic dark clouds when you're the creator of the shit storm, fuckwand.

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