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**funnyPasds** · 08-04-2007, 03:15 AM

I wonder what this means, though. Give me a sec, don't assume that I'm just blindly attacking.

From what I've heard/read, the very top of the economic ladder is doing ridiculously well, with near-exponential growth in their worth, while the majority is actually losing ground. If the very top saw a huge growth in their value, while most of the rest of us remained stagnant or saw a mild decline, wouldn't that account for this statistic you posted?

If so, wouldn't that actually be a sign of an unsustainable economy, and not a strong one?

that is simply not true. Economic growth has been broad based across the entire income spectrum. Real incomes have risen, net worth has risen, unemployment is down, taxes are lower. What more do you want? If the president had a D after his name, this would be hailed as nothing short of an 'economic miracle'.

08-04-2007, 03:15 AM	#27
funnyPasds Join Date Oct 2005 Posts 425 Senior Member	I wonder what this means, though. Give me a sec, don't assume that I'm just blindly attacking. From what I've heard/read, the very top of the economic ladder is doing ridiculously well, with near-exponential growth in their worth, while the majority is actually losing ground. If the very top saw a huge growth in their value, while most of the rest of us remained stagnant or saw a mild decline, wouldn't that account for this statistic you posted? If so, wouldn't that actually be a sign of an unsustainable economy, and not a strong one? that is simply not true. Economic growth has been broad based across the entire income spectrum. Real incomes have risen, net worth has risen, unemployment is down, taxes are lower. What more do you want? If the president had a D after his name, this would be hailed as nothing short of an 'economic miracle'.
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