Take all the fancy economic stratification charts and slice them by age group, that is what I would like to see. The people with the most assets are the oldest.
By contrast, people with high incomes are not necessarily the oldest, and they are not necessarily the ones with the largest portfolios of assets, but they are the people that Obama keeps talking about taxing. However you slice it, you come back to the same conclusion- this bailout is primarily for retirees. Not all retirees, because not all have assets, and not just retirees, because other people have assets, too. On Thu, Oct 2, 2008 at 7:06 AM, Gruss wrote: > > > Of those Americans 60 & up, what percentage are worth more than $1M w/o > house? > > Then take that number and find out how much is in the market. Then > take that number and cut off 30-40%. > > Now what percentage of Americans 60 & up are worth more than $1M w/o house? > > Do you think it'd be more than 1%? > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271929 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
