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According to Phoenix Marketing International, a global marketing firm, 7.22 percent of Maryland households are millionaires. Hawaii: 7.21 percent. Yes, I realize how close this competition is. But think about how far we’ve come: In 2006, Maryland millionaires made up 6.21 percent of households.
But the news about Maryland’s moneybags (referring to liquid assets) comes as the country is grappling with questions about the widening wealth gap between the rich and everyone else.
Phoenix Marketing analysts found that the percentage of millionaires increased in each of the top 10 states this year, showcasing that the wealthiest are in fact getting wealthier.
Recognized as one of the nation's leading financial advisers, Ric Edelman is part of the so-called "1 percent" that has drawn the ire of protesters at McPherson Square and other Occupy encampments sprouting up across the country.
He's hardly apologetic for his success.
"The rich are getting richer -- there's no question," he said. "Rich people know how to get rich and they know how to stay rich. The poor are getting poorer but instead of getting angry they should try emulating [the wealthy]."
Read more at the Washington Examiner: washingtonexaminer.com...
Originally posted by nixie_nox
reply to post by jeichelberg
Well give it a shot and let me know how it turns out.
Statements like he made are absurd and elitist because you can't have an economy with all teh wealth distributed. If everyone was able to be make money, then no one would be rich.