If you make less than $250k why are you a Republican?

Answer: Mosquitoes The answer to this question had eluded me especially in light of the increasing income disparity between the wealthy and the rest of us. I don’t think there is much controversy that ever since the Regan years (see previous post) more income shares have been going to the wealthy. This has created a … More If you make less than $250k why are you a Republican?

Two economies: The market basket and The Market

In his recent book, Aftershock, Robert Reich builds a strong case for the disparity between the top income earners and the rest of us as the basis for our current economic turmoil.  He argues that there will be chronic, structural economic problems if those who produce goods are not able to purchase them.  Reich defines … More Two economies: The market basket and The Market