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.

 

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  1. #1 November 7, 2011 at 6:16 am

    LRod commented:

    The Occupy DC people pushed an elderly woman at the AFP event down the stairs.

  2. #2 November 7, 2011 at 6:37 am

    Tom Smith commented:

    Not sure what this shows……..Clinton got a bounce from Bush I and Bush II got a Clinton and 9-11 “ding”. Economy lags behind policy sometimes and it really should be benchmarked against Congress instead of WH.

  3. #3 November 7, 2011 at 7:23 am

    bg commented:

    ++

    God Bless George W. Bush!!

    & Godspeed Herman Cain!!

    ==

  4. #4 November 7, 2011 at 7:31 am

    Militant Conservative commented:

    #2 this is why democrats enjoy the fruits of a

    Republican term.

  5. #5 November 7, 2011 at 7:32 am

    MN Jim commented:

    Republicans need to push the message that obama supports OWS; obama’s lack of any meaningful progress on most anything, obama’s support for Middle East radicals, obama’s jobless numbers, obama’s wars, and we still don’t know who obama is, although the media watchdogs are totally uninterested in that aspect.

  6. #10 November 7, 2011 at 8:07 am

    bob commented:

    So the good things are from the previous administration and the bad are due to the current one. you should really write a nandbook for this site so we will know how to comment properly.

  8. #12 November 7, 2011 at 12:53 pm

    Finncrisp commented:

    When we have unprecedented long term unemployment, the numbers will be skewed. Data for revenue, wealth, taxation are all suspect in the Marxist economy that Barry has overseen.
    These are not good indicatiotrs about anything historical , except to point out how bad things really are at present. And the conclusion should be that this guy has got to go.

  9. #13 November 8, 2011 at 8:12 am

    John commented:

    You don’t know what a Marxist economy is, do you? It’s just a pejorative to you, which you’ve used like a cudgel.

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