Amazing data from UBS shows that there are now roughly 25 million millionaire households in America. Just last year 440,000 people became millionaires.

If current trends continue with the massive rise in stock values, more than one in four households will have $1 million or more in salary and assets.

We know that $1 million isn’t what it used to be due to inflation, but still these are statistics that are worth celebrating. Thank God for free market capitalism – you know, the system that the Democratic Socialists want to replace.