Perhaps Occupy Wall Street should relocate to Pennsylvania Ave and become Occupy the White House.
Who could have possibly thunk it? Those "fat cat" Wall Street execs have grown "fatter" under the class warfare president. I'd love to hear Obama try to spin his way out of these statistics.
Get the intriguing findings from Gateway Pundit:
Don’t Tell #OWS… Rich Got Richer Under Obama and Clinton & Wealth Gap Between Young & Old Is Widest Ever
"Don’t tell the Occupy Wall Street Marxist loons… They won’t know who to push down the cement stairs.
Here are a few facts for the stinky Obama-endorsed #OWS squatters:
The Rich Got Richer under Bill Clinton and Barack Obama (especially their rich buddies!)
And, the inequality keeps expanding.
Investors Business Daily reported, via Instapundit:
'it turns out that the rich actually got poorer under President Bush, and the income gap has been climbing under Obama.
What’s more, the biggest increase in income inequality over the past three decades took place when Democrat Bill Clinton was in the White House.
The wealthiest 5% of U.S. households saw incomes fall 7% after inflation in Bush’s eight years in office, according to an IBD analysis of Census Bureau data. A widely used household income inequality measure, the Gini index, was essentially flat over that span. Another inequality gauge, the Theil index, showed a decline.
In contrast, the Gini index rose — slightly — in Obama’s first two years. Another Census measure of inequality shows it’s climbed 5.7% since he took office.
Meanwhile, during Clinton’s eight years, the wealthiest 5% of American households saw their incomes jump 45% vs. 26% under Reagan. The Gini index shot up 6.7% under Clinton, more than any other president since 1980.'
Also, the Wealth Gap Between Young and Old Is Widest Ever under Barack Obama.
The AP reported:
'The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt.
The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, according to an analysis of census data released Monday.
While people typically accumulate assets as they age, this wealth gap is now more than double what it was in 2005 and nearly five times the 10-to-1 disparity a quarter-century ago, after adjusting for inflation.
The analysis reflects the impact of the economic downturn, which has hit young adults particularly hard. More are pursuing college or advanced degrees, taking on debt as they wait for the job market to recover. Others are struggling to pay mortgage costs on homes now worth less than when they were bought in the housing boom.'
If Obama’s #OWS minions were the least bit informed they’d be protesting at the White House, not at an Americans for Prosperity Dinner."
More interesting facts from Weasel Zippers:
Wall Street Made More Money In 2.5 Years of Obama Than 8 Years of Bush…
"Occupiers last seen scratching their heads in disbelief (or possibly because of the lice infestation).
'Mika Brzezinski, MSNBC’s “Morning Joe”: “New government data shows profits for America’s largest financial firms are once again reaching record highs not seen sinse before the financial crisis of 2008. In fact, Wall Street firms have earned more in the first two and a half years of the Obama presidency than all 8 years of the Bush presidency. Over 85 billion dollars in profits compared to 77 billion.”
Joe Scarborough: “Wait — you mean in the first two years they made more than in eight years than in the Bush administration?”'