"From 2000 to 2010, the number of poor people in the suburbs of the nations 95 largest largest metropolitan areas grew by 53%, while the number in the cities themselves grew by 23% according to an analysis of Census data by the Brookings Institution."
Below The Line, by Barbara Kiviat, Time Magazine, November 28, 2011.
The suburban middle class is taking a big hit these days and are generally not very sympathetic with the plight of those who are extremely rich, but let's face it, most people are fascinated by people who are ridiculously rich and can't read enough about them. That's why we were happy to see that an incredibly interesting Atlantic Monthly article about the woes of the super rich was available for a feed to our blog.
There is a guilty pleasure for some of us, in knowing that vast wealth can create extensive personal problems for those holding truckloads of cash. That uniquely American irony of worshiping the concept of great wealth and then despising the unfair privilege given to those who attain it. It all makes for a remarkably entertaining read. Enjoy!
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