The Occupy Wall Street Protests that started in September 2011 & and then spread across the nation have highlighted ongoing problems of massive unemployment & income inequality in the U.S. Elected officials, various members of the news media, & even a few of my own friends have mocked this movement. I believe that it is possible to find a different story for every day of the year that answers "Why They Occupy".
Friday, January 27, 2012
Congress Members' Growing Wealth Separates Them From Constituents (for 12/26/11)
The average Congressional Representative's net worth in 1984 was $280,000. In 2009, it was $725,000. The average American's net worth went from $20,600 to $20,500 over that time. The inflation-adjusted cost of a winning campaign for a House Representative seat is now $1.4 million, four times what it was in 1976. Having great wealth often influences how come members of Congress vote on bills. The wealthiest members foten vote to protect the wealth of the very wealthy.
http://www.washingtonpost.com/business/economy/growing-wealth-widens-distance-between-lawmakers-and-constituents/2011/12/05/gIQAR7D6IP_story.html
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