Economy Getting Poorer Congress Getting Richer

It’s The New Math

October 28. 2008

Never mind the U.S. economy is in the midst of the greatest financial crisis it has faced in modern times – Congress, “Grew 13 percent richer.”

Members of Congress have been getting richer, while the nation’s citizens have been getting poorer. Talk about disproportionate.

Remember that 10% Congressional pay cut I mentioned a few months ago? Yea, I definitely think it would be in order right now.

Here’s another tidbit, “Nearly two of every three senators are millionaires.”

Tough times: Congress grew 13 percent richer in 2007

WASHINGTON — Times are tough, but don't worry about most members of Congress making ends meet.

Their collective wealth grew by 13 percent last year, leaving them in better shape than most Americans to make it through an economic downturn, according to a new analysis of personal financial reports.

Overall, nearly two of every three senators are millionaires…

http://www.mcclatchydc.com