Latest News and Comment from Education

Monday, December 26, 2011

Daily Kos: A good part of what is wrong with Congress

Daily Kos: A good part of what is wrong with Congress:

A good part of what is wrong with Congress

can be seen in this Washington Post article, just posted, from which I quote the following:

Between 1984 and 2009, the median net worth of a member of the House has risen 2 1 / 2 times, according to the analysis of financial disclosures, rising from $280,000 to $725,000 in inflation-adjusted dollars.

Over the same period, the wealth of an American family has declined slightly, with the median sliding from $20,600 to $20,500, according to the Panel Study of Income Dynamics from the University of Michigan.

All figures have been adjusted for inflation and exclude home equity, which is not included in