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Trivia Tidbit Of The Day: Part 104 -- American Stock Ownership.

An Investor Class: The Percentage of Americans Who Own Stock-

An ownership society is a necessity for an "comparatively advantaged" America to stay on top of the global economy. There's obviously much to work on, but there are also positive developments on this front.

Source:

Americans for Tax Reform (.pdf).

Part of an ownership society includes making wealth-generating tools (IRAs, mutual funds, 401(k) plans, etc.) once reserved for the wealthiest elites available to the middle and working classes.

Personal retirement accounts in Social Security could avail these tools to all American workers.

Politically, stock owners tend to vote slightly more for Republicans, so it's no wonder Democrats are fighting tooth and nail against Social Security reform. They believe their party's very competitiveness is at stake.

Previous trivia tidbits:

Part 1; Part 2; Part 3; Part 4; Part 5; Part 6; Part 7; Part 8; Part 9; Part 10; Part 11; Part 12; Part 13; Part 14; Part 15; Part 16; Part 17; Part 18; Part 19; Part 20; Part 21, Part 22; Part 23, Part 24, Part 25; Part 26; Part 27, Part 28; Part 29; Part 30, Part 31; Part 32; Part 33; Part 34; Part 35; Part 36; Part 37; Part 38; Part 39; Part 40; Part 41; Part 42; Part 43; Part 44; Part 45; Part 46; Part 47; Part 48; Part 49; Part 50; Part 51; Part 52; Part 53; Part 54; Part 55; Part 56; Part 57; Part 58; Part 59; Part 60; Part 61; Part 62; Part 63; Part 64; Part 65; Part 66; Part 67; Part 68; Part 69; Part 70; Part 71; Part 72; Part 73; Part 74; Part 75; Part 76; Part 77; Part 78; Part 79; Part 80; Part 81; Part 82; Part 83; Part 84; Part 85; Part 86; Part 87; Part 88; Part 89; Part 90; Part 91; Part 92; Part 93; Part 94; Part 95; Part 96; Part 97; Part 98; Part 99; Part 100; Part 101; Part 102; Part 103.

Daily Trivia Tidbits cover a wide range of topics, and they're usually not trivial at all; you never know what you might find. Stay tuned to WILLisms.com for more.

Have a trivia tidbit tip? Send it over to WILLisms@gmail.com.

Posted by Will Franklin · 11 July 2005 09:28 AM

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