Living Large, by Drew Carey and Reason.tv

"Trickle Down Economics" = The Rich are Pissing on You

Sure the media may go to one extreme, but, I think this video goes to the other. Everything is great, people are rich. Meanwhile, 50% of society is unproductive. The other 50% take care of the unproductive. Not better than the past? We now have a president proposing tax after tax on who? The middle class because they are the slaves of the society. The people that pay the public debt. So, next time a rich X TV start says everything's great, tell him to offer to pay more taxes voluntarily.

Drew, drew, drew....

Sure things are "cheaper" when you factor in the doller per hour cost (which I agree is the best way to estimate). However, the vast majority of those pretty toys you saw being "owned" by the middle class are in fact owned by the credit company that financed it. Therein lies the problem,

try tackling that buddy.

You are right on spot.

Thanks

Tell me about it, Whoo. I've lived in the US all my life and if people really want to see poverty, they should go to Bangladesh, Mumbai, or Sao Paolo. Talk about slums. The author of that book is right...there will *always* be suffering; heck, I remember the same concern over the middle class back in 1979.

Drew go back to playing the middle class on TV. Granted it's difficult to be balanced in the time generally allocated, but you used up 7.5 Minutes of our time, but those you criticized, generally have much less. You became a shill for those who have an interest in perpetuating an economy based on consumption

If the middle class was really having that much trouble wouldn't the poor be dead and the middle class be the new low class? So isn't your very statement a complete oxymoron?

Thank you for correcting what was a poor choice of words by me. Clearly it is both the middle AND lower class who are being greatly affected by the advent of inflation, because they have the least assets and the loss of dollar's purchasing power. Let's not be fooled by appearances either--the flow of credit and debt which has allowed us to live lavish lifestyles is starting to greatly decline.

what a load of tripe. i think mr carey forgot to mention what these guys are on the hook for. he also forgot to mention that most of these toys were funded by phoney home equity. all of this consumption fuelled further growth until we maxed out our cards. go back now and see what they say