Yes, it was a bunch of "the poor are so much better off now" bullshit, citing stupid examples such as air conditioning and microwaves. Yes, it's great that appliances can be bought so cheaply these days, but I think you're missing the point of the OP.
While these items may serve to pacify the poor, what we need to watch out for is where this economy is heading. These studies are from three years ago or more, none reflecting our current economic climate. And let's say we go through an outright economic collapse while the golden parachute crowd keeps living it up, what do you suppose will happen then? All the microwave ovens in the world won't matter.
Class warfare has already been declared, and won, by the wealthy. But they will suffer tremendous consequences if they think they can keep bleeding the poor with impunity.
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Date: 13/4/10 19:17 (UTC)While these items may serve to pacify the poor, what we need to watch out for is where this economy is heading. These studies are from three years ago or more, none reflecting our current economic climate. And let's say we go through an outright economic collapse while the golden parachute crowd keeps living it up, what do you suppose will happen then? All the microwave ovens in the world won't matter.
Class warfare has already been declared, and won, by the wealthy. But they will suffer tremendous consequences if they think they can keep bleeding the poor with impunity.