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Politics : President Barack Obama
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To: ChinuSFO who wrote (133790)5/5/2013 12:04:39 PM
From: John Vosilla  Read Replies (1) of 149317
 
Technology, globalization and Reaganomics on steroids have put a squeeze on the middle class in the western world for well over three decades? Big reason we have these housing/credit bubbles, fed intervention, financial engineering ect.. is the middle class can't keep up and consume at the same levels on disposable income left over after life's daily necessities .. Can throw in some liberal policies that result in too high costs of housing in some locales via building restrictions or health care via defensive medicine ect. Bottom line capitalists and robber barons have won
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