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Politics : A US National Health Care System?

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To: TimF who wrote (3373)	12/18/2007 3:43:50 PM
From: John Koligman	Read Replies (1) of 42652

Yeah Tim, there are few Schwarzmans, but these numbers indicate there are enough of them and they control enough money to do some damage to our debt and help out with healthcare... 3 million make as much as the bottom 166 million - very impressive.... Besides, the lead times on 200 foot plus yachts are now sooo looong at yards like Amels and Lurssen that they can't spend all that moolah anyway... And don't even ask about the line for high end Gulfstream G550's... John PS - Since these numbers predate the meat of the private equity boom, perhaps 2007 numbers would show that the top 1 million earners made more in total than the rest of the workers in the United States <ggg>. "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 shows. 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 three million individual Americans at the top was roughly equal to that of the bottom 166 million Americans, analysis of the report showed."

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