“Forbes 400″ all Billionaires. Proof of Bush economic success? Look again.

September 22, 2006 by mugsy.

Yesterday, Forbes Magazine came out with its annual list of the “400 Richest People in America”, and for the first time ever, all 400 are Billionaires.

As you might suspect, Bush supporters are already using this news as “proof” that Bush’s economic policies are working. But if you take a closer look at the list, you will find that there are exceedingly few people on this list that weren’t already filthy rich BEFORE Bush took office. It’s boomtime for the exceedingly wealthy in this country as the poor get poorer.

Of course, to be fair, no one is going to make the “Forbes 400″ overnight. But the gap between the Super-Wealthy and “the rest of us” is growing, which makes it more & more difficult to make The List. Indeed, 54 people fell off the list because they just weren’t getting rich fast enough.

Is it any surprise that the vast majority on the Forbes 400 support President Bush?

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