Sunday, May 06, 2007

this is what the american dream is all about

In 1996 there were 250,000 American households with a net worth in excess of $5 million. Ten years later, in 2006, that number had grown to over 1 million households. The survey found that U.S. households that are merely wealthy, defined as having assets of more than $500,000 excluding primary residence, rose 9 percent to 15.3 million in 2006 from the year before. As a conservative, I see news like that and I get excited. That is the American dream! That is a clear snapshot of the free market and individual freedom working together to create wealth!


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