Commentary by Roger Erickson
The Upper Looting Class thinks it doesn't need the Middle Class anymore? Is that like the adipose cells threatening to cut off the muscles and other organs? Or, are we back to cutting off the face, to spite the nose?
Declining wage shares undermine growth
Ya think? They'll do it too! We've seen 'em do it. They're crazy enough to pull the trigger! And we're dumb enough to back off and let 'em try. This plot works every which way and, for whatever reason, we insist on cycling through every possible iteration.
[You can't make this up. Do we have to go through this EVERY generation? For 3.5 BILLION years running? Apparently, the answer is "yes."* Nevertheless, the old story is that everyone learns best by putting their finger on a hot stove, NOT by their head stuffing the rest of the body into a hot oven. Something seems a bit extreme here. We're playing with fire again.]
Fine. My new business venture is novel. Flammable saddles, seat covers and even bluejeans. Get yours while they last, or I'll burn my insurance policy!! There's a fire sale going on. As usual. :(
* Capitalism. When your economy is going up in smoke ... sell matches?
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