To: E. Pluribus Unum
I believe these figures include real property, which represents money that you HAVE spent — on very long lived items that you are using now.
27 posted on
06/21/2012 6:04:04 AM PDT by
HiTech RedNeck
(Let me ABOs run loose Lou!)
To: HiTech RedNeck
I believe these figures include real property, which represents money that you HAVE spent on very long lived items that you are using now. Spent wealth is destroyed in the process, like government spending on union hirelings. Buying real property is not 100% spending, and in some cases is investing. The reason blacks have less retained wealth is because they destroy more of their income on wealth signals, to display to their peers they're somebody. Vanity drives this.
34 posted on
06/21/2012 6:20:47 AM PDT by
Reeses
To: HiTech RedNeck
"I believe these figures include real property, which represents money that you HAVE spent on very long lived items that you are using now." There is a difference between "spending" and "investing."
Liberals are the only people who think they are the same thing.
40 posted on
06/21/2012 6:40:15 AM PDT by
E. Pluribus Unum
(Government is the religion of the sociopath.)
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