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To: Jack of All Trades who wrote (37305)6/2/2000 11:04:00 AM
From: LLCF  Read Replies (1) | Respond to of 42523
 
<The rich are getting richer and the poor are getting f*****d>

"Well, I'm not going to sit here and listen to you badmouth the United States of America!"

Actually your statement is certainly getting 'more true' every year lately.

DAK



To: Jack of All Trades who wrote (37305)6/2/2000 11:16:00 AM
From: BGR  Read Replies (1) | Respond to of 42523
 
Actually, I do agree with you that the income gap is rising and that is not good at all for the social fabric of a democratic country.

But that is not inflationary at all. That can at best push the prices of top line Porsches up. The middle class buys Honda Civics, and the price of that is holding steady, and actually falling if new features are considered (hedonic pricing).