Tuesday, September 27, 2005


"Energy costs are likely to be a particular burden on low- and middle-income households, whose income growth has barely matched inflation over the last few years. Wealthier households have done better, government data show, and have helped keep economic growth healthy with spending on second homes, new vehicles and the like." (New York Times)

Well thank God for those wealthy households who have kept economic growth healthy. Without their second homes and new vehicles (and the like) the United States economic data as a whole would look as bad as it is for everyone who doesn't fall into that 5 or 10%, or whatever meager percentage it is now, of the population.

Off to write all those people personal thank you notes. Ta!


Post a Comment

<< Home