Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (52709)	2/5/2006 10:41:42 AM
From: shades	Read Replies (1) \| Respond to of 110194

Japanese See Income Gap Widening,Worry About Future TOKYO (AP)--Many Japanese feel the income gap in their country is widening and worry that they may not have enough money in the future, a newspaper poll said Sunday. Bwahah - they can print more yen no? The Asahi newspaper said 74% of those surveyed said they feel income disparity is increasing, while 18% said they do not. The percentage of those who feel the gap widening was higher, at 83%, among men in their 40s and 50s, the newspaper said. The poll found that 51% said they see the trend as a "problem." Asked about their financial future, 81% of respondents said they are concerned while 15% said they are not. Asked which social class they belong to, 80% of respondents said they were in the middle class, followed by 18% who identified themselves as lower class and 1% as upper class. But the percentage of those who thought they would remain in the middle class 10 years from now was nine points lower at 71%. Twenty-two percent of respondents said they expect to be in the lower class and 3% in the upper class. Asked about savings, 28% of respondents said they have none, the Asahi said. Although many Japanese consider themselves middle class, the widening gap between the rich and poor is becoming a serious social issue and lawmakers are urging the government to take measures. The newspaper collected responses by mail from 2,124 people aged 20 or over across Japan selected from voter lists between November and January. No margin of error was provided. (END) Dow Jones Newswires February 05, 2006 05:47 ET (10:47 GMT)