Tuesday, February 12, 2008

Economics of Envy: The Reality

About that Shrinking Middle Class...

“When the rich get richer, the poor get richer as well.”

–Peter Lynch

Red Planet Cartoon's latest offering, "About that Shrinking Middle Class..." has a great presentation on where the American middle class is headed: UP. Facts and figures that may surprise a few people--especially those predicting gloom and doom for the American middle class.

Of course, the class envy warriors (The Democrats and John McCain, notably, among Republicans) would have you believe that the only shrinkage is because everyone is headed down the ladder of economic ladder of opportunity.

It was once suggested that anyone who is interested in running for political office in America be required to take a basic Economics class. We doubt that would solve the problem of class envy demogouges.

However, the class envy warriors would be less effective if there was a requirement that everyone who wanted to vote was required to take a basic economics course.

If you don't have the time for the Econ 101 class, wander over to Red Planet and you'll fill your requirement for today.

by Mondoreb
image: Red Planet Cartoons
Source: Red Planet Cartoons


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