Tuesday, December 27, 2011

More Like A Canyon

From the Washington Post:

Between 1984 and 2009, the median net worth of a member of the House more than doubled, according to the analysis of financial disclosures, from $280,000 to $725,000 in inflation-adjusted 2009 dollars, excluding home ­equity.

Over the same period, the wealth of an American family has declined slightly, with the comparable median figure sliding from $20,600 to $20,500, according to the Panel Study of Income Dynamics from the University of Michigan.

They call that a “wealth gap.” It sounds more like a canyon.

I don’t begrudge someone making a good salary for a tough job, and unlike idiots like Rick Perry who think we don’t need a full-time Congress, running the country isn’t a part-time job. But it doesn’t really help make the case when a congressperson is sitting on three-quarters of a million bucks (and that’s the median, so there’s a bunch that are worth a lot more) and they tell us they truly represent the “average American.”

It’s no wonder they don’t get the “We are the 99%” bit.