I read some terrible news today. According to new data released by the IRS, it looks like the incomes of non-wealthy Americans fell dramatically in 2009, “with total income down 15.2 percent in real terms since 2007.” It wasn’t all bad news today, though. It was also reported that the sale of high-end luxury goods […]
Posted in Economics, Media, Rants, Uncategorized | Also tagged Al Jazeera, American aristocracy, class warfare, David Yurman, Ermenegildo Zegna, Gilt Groupe, Goyard, income disparity, income inequality, luxury goods, Plutocracy, Retail, rich get richer, tax the rich, the growing gap between rich and poor, Wal-Mart |
By Mark | November 18, 2010
I know we got here somehow, but I cannot for the life of me understand how… I feel like neutering myself with a sharp rock and crawling off into a mud pit somewhere. Which, I guess, was kind of the objective of this PSA.
