The rich are getting poorer

Carleton Bryant The Washington Times - December 6, 2008, 10:38AM

The economic downturn has forced some rich people to give up their high-end toys and lifestyles, Vanity Fair is reporting.

Some former spendthrifts now are trying to get by on just a couple million dollars a year.

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Can you believe it? The humanity! The humanity!

About the Author

Carleton Bryant

Carleton Bryant is a senior editor at The Washington Times, where he oversees the National and Metropolitan desks. He also serves as the newsroom’s internship coordinator. He has served as an assistant managing editor; a National, Metropolitan and Features desk editor; an assistant National desk editor; and a reporter on the National and Metro desks.