The Wealth Gap in U.S. Continues to Widen, Study Shows

The gap between the rich and the super-rich is growing at alarming pace.

A new economic impact study showing that the wealth gap between the rich and the super-rich has continued to widen significantly, is raising concerns on both sides of the aisle.

Congressional Democrats wasted no time blaming the increase on the Trump Administration’s economic policies, and urged Congress to act quickly to protect the rich by passing their proposed “Americans for Immense Wealth Creation Act,” which would provide additional funding for the rich, but has been stalled on the President’s desk.

Republicans are standing firm in their support of President Trump’s decision not to take any action at this time. They maintain that the rich have most of the same opportunities that were available to the super-rich, and that no special entitlement programs are needed at this time.

“It remains to be seen just how far the rich have fallen behind,” said Sen. Bunkie T. Witherspoon III (R-Texas). “It may only be a temporary problem and the federal government has no business giving further entitlements to the rich when they’re perfectly capable of becoming super-rich if they want to. We just don’t know how bad the problem is at this point.”

Democrats disagree. They point to a recently released report they claim cites numerous examples that cannot be ignored if the country is to keep moving forward.

“The study makes it abundantly clear, for example, that the vast majority of the rich in this country today can only afford one boat, while the super-rich often have four or five,” said Senate Democrat, Margie Mush of Florida.

“It’s not that the rich aren’t trying hard enough, it’s that we in government aren’t doing enough to give them a helping hand to the top. Many of my rich constituents have told me that, at this point, they don’t see how they’ll ever get out of their gated communities,” Mush said.

William Bensonhurst Waters, heir to the colossal drinking water fortune and a founding member of the American Institute for Greed, Money & Priceless Gems says it’s the rich’s own fault that they’ve remained where they are.

“Many of the rich are lazy,” Waters says. “My family’s immense wealth didn’t just fall into our lap. We had to fill out forms, pay off government officials, and entertain super-rich people relentlessly. It didn’t happen overnight either, no matter what some rich people may think. I remember it taking most of an entire summer before we went from being rich to super-rich.”

Waters says he remembers what it was like being only rich. “I remember suffering through long drives, and being stuck in traffic in the back of my limo. Charleston, my chauffeur, would try to calm me down by telling me stories about the super-rich families he’d worked for in the past. It helped pass the time.”

“And then one day, just before my 12th birthday,” Waters continues, “Daddums took me out in the yard and showed me my first helicopter. I remember saying, ‘But Daddums, it only seats four?’ He laughed and said, “Your mother said you’d need a six-seater… I’m such a fool.”

“We had to wait almost four hours before the company could deliver a new six-seater, just me and Daddums, sitting on the porch flipping through photos of islands we might buy… those were good times,” Waters says wistfully.

Congresswoman, Monica Jacksonhole, D-Wyoming, says that enough is enough.

“The president must respond now… before it’s too late. We’re the beacon for rich people around the world that want to become super-rich. If they start to see that becoming super-rich in the US isn’t as easy as it used to be, we risk losing all those Asians and Pakistanis that have made this country’s hedge funds and technology sector the envy of the world.”

According to the new study, while most inherited their wealth, many of today’s super-rich in this country were born only rich, which has led many to believe that the rich do not need the government’s help to rise above the lives into which they were born.

President Trump, in a speech delivered to rich people at Saks 5th Avenue in New York City, said:

“The rich in this country can become super-rich if they want it badly enough. I mean, there’s nothing stopping them from marrying into super-richness just like so many already have.”

Retired Fed Chair, Orwin Greenstain, was more somber about the study’s results, saying:

“Look, we’re just going to have to realize that not everyone is going to able to be super-rich in this country. Some people are simply going to have to vacation on Martha’s Vineyard and maybe drive an E-Class. But, if they stay focused on taking advantage of the laws in this country, maybe their children will do better. That’s what the American Dream is all about.”

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