United States of Chicago: Middle Class Net-Worth Collapses to 1969 Levels

Dec. 2, 2012

(Big Government) - The angle of a just-released New York University study is, of course, that ole' left-wing canard known as "income inequality," but the findings are still useful in drawing other conclusions, and not ones that are very pleasant. Is America now a bigger version of Chicago, where Democrats and the media have so expertly rigged the electoral game that, even as their policies fail, they're able to stay in power?

According to the study, we are now back to 1969 levels with respect to median net worth in this country. A large part of this is the...    Article continues>>