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Old 10-26-2011, 02:51 PM  
Paul Markham
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by Robbie View Post
So everyone's income has been steadily growing in our country for 3 decades.
That is exactly what I have seen with my own two eyes (I turned 18 in 1979)

And as would be expected..."rich" people who had EXTRA money to invest, got richer exponentially as opposed to a "middle class" guy who spends most of his money paying his bills and family vacations and putting the kids through college.

Why is this a mystery to you? Of COURSE the Kennedy's are going to get MUCH MUCH RICHER...they have the millions to invest in a big portfolio. Whereas an average guy is investing in his car, or his home, or a new stereo, etc.
Buying stuff made by the rich guys. All worked nicely until the rich guys decided to get the cars and stereos made overseas. ?Then fewer had money to buy houses, so building them was hit.

We've all been living on borrowed money for too long. The trillions borrowed flowed into everyones pockets. Looked great for a while.

Thinking the rich will rescue us all. Is the second crazy thing I heard today. Make it the third.

First is any of you thinking you have a clue of a solution.
Second was the same on B&B
Third was people thinking the rich will rescue us.
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