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Real Assets Adviser

August 1, 2015: Vol. 2, Number 8

The Plight of the Rich: A study by the Cato Institute indicates that the richest families in America do not get endlessly richer

Author: Mike Consol

The rich get richer.

That is an American maxim. It is true of many societies around the world. I have long said that Americans like that we have a system skewed toward the rich because we all think we are going to hit the jackpot one day — and we want those tax-code goodies and upward wealth distribution mechanisms in place for us to benefit from when our lottery numbers hit the mega-millions.

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