"On August 15, 1971, President Nixon announced on TV dramatic changes in economic policy. He imposed a wage-price freeze. He ended the Bretton Woods international monetary system."

Once the dollar was devalued income distribution began its current trend look at the dates on that chart. The Vietnam War had by then imposed financial hardship much like the wars of the present time. History does repeat itself.

An affluent working class beefs up this industry's sales. How many investment bankers spent money on your porn this week? They can afford live girls, coke, and cheap thrills -- most don't need you ...