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Record Number of Millionaires

June 25, 2008

A report by CNN indicates bad news for those who insist on the “growing divide between the wealthy and the not-so-wealthy.”  For those who say the poor have “no chance” there is a new report on the number of millionaires.  It is now over 10 million for the first time.  And even better, the fastest growing numbers of new millionaires are in the developing countries of India, China and Brazil, with 23% of the new millionaires. 

Apparently, the people of India, China and Brazil have learned the principles of capitalism, and have managed to put those principles to work.  They have reaped the benifits of hard work and effort.  Congratulations.  Now, if those that insist on government doing everything could just learn from the developing countries, it would be a better world.

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