Letter to U.S. Senators on Stability and Prosperity November 5, 2005


Dear Honorable Senator,

This letter is about enhancing prosperity, stability and competitiveness of American households including your constituents. Vast majority of households have zero savings as they must spend most of their on basic necessities like healthcare, education, food and housing. At the same time, the number of households with $20 million or more in net assets is increasing by 3000 every year, according to estimates. The growing prosperity of a tiny fringe of households and almost zero net-worth of the quite alarming and unstable.

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