Wisconsin native.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC
"Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
Friday, March 13, 2009
Simply Unsustainable
From 1952 through 1985, household net worth runs in a band from 300 to 350% of GDP. Then it jumps to over 450%?
Agreed.
ReplyDeleteAnd the latter half of this surge in household net worth was achieved with little or no increase in real wages.
I'm from the government, I'm here to help! Poof! It's all gone now...nothing to see here, move along.
ReplyDelete