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Reply to "Am I living in a bubble?"
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[quote=Anonymous][quote=Anonymous]Yes, you live in the McLean bubble. In this current economy, the rich are getting richer, while the poor are getting poorer. And soon there will be no more middle class.[/quote] I would amend this slightly. In this economy the "rich" -- whatever that means are doing quite well. What that really means is that people with are UC, UMC, and much and MC are doing quite well. Who are not doing well is the other half of the MC and much but not all of LMC and poor. It is quite uneven. People want to make a big deal about rich vs poor but it is more complicated than that. Doing well or fine is probably 60-70% of all people. That is why commerce is humming. There are plenty of people making and spending. There are people hurting. But most are not. And it could be that the numbers hurting will expand. It is not a completely healthy economy but at the moment it looks like it will keep going as it has been for at least the medium term.[/quote]
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