Does Anyone feel like Bailing

[Spexxvet]

Originally Posted by classicman

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As somewhat of a side note, the creation of private sector jobs appears to be dismal....

And you have to question why.

The rich are getting richer. As the world recovers from the global economic crisis, the global wealth staged a remarkable comeback in 2009, increasing by 11.5 per cent to $111.5 trillion, just short of the year-end peak set in 2007.

Less than 1 per cent of all households were millionaires, but they owned about 38 per cent of the world's wealth, up from about 36 per cent in 2008, according to a new study by The Boston Consulting Group (BCG).

Households with more than $5 million in wealth represented 0.1 per cent of households but owned about 21 percent, or $23 trillion, of the world's wealth, up from 19 percent in 2008.

The number of millionaire households rose by about 14 percent in 2009, to 11.2 million -about where it stood at the end of 2007

from here
It seems that, in general, the people who have the ability to create jobs are not creating jobs.