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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (696)	3/12/2015 2:27:14 PM
From: John Vosilla	Read Replies (2) \| Respond to of 1504

U.S. household net worth posts biggest gain in a year WASHINGTON, March 12 (Reuters) - Rising stock prices andhome values pushed the net worth of U.S. households higher inthe fourth quarter, a reassuring sign for the outlook forconsumer spending. The increase added $1.52 trillion to the total wealth ofAmerican families, putting it at $82.91 trillion, a report by the Federal Reserve showed on Thursday. The increase in netwealth was the largest since the fourth quarter of 2013. finance.yahoo.com This fair and balanced post from the comments section I really liked: KevinD 1 hour ago Yes, the total wealth went up, but it all went to the top 5% who don't need it. Wealth and income inequality are the biggest issues of our time. I am NOT a liberal so I do NOT believe that government is best solution to the problem but if the free market does not fix this problem and fast, the government will try, and that will likely make it worse. Private businesses and their owners need to realize that they would not make anything if it were not for their employees do all of the hard work. They need to implement real substantive profit sharing on their own or they will end up dealing with more labor unions and more government to try to force it on them. The middle 80% are the ones that make this country go and if they don't start getting rewarded for it, the wheels will fall off.