Here’s a quote from an ADN article that ran on Dec. 27. It sure caught my eye.
“Between 1984 and 2009, the median worth of a member of the House (Federal) has risen 2 ½ times… rising from $280,000 to $725,000 in inflation-adjusted dollars.” This was based on analysis of financial disclosures done by the Washington Post. The analysis did not take into account home equity since that is not required in congressional reporting.
The article then continued, “Over the same period, the wealth of an American family has declined slightly, with the median sliding from $20.600 to $20, 500