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| "I don't know when the bubble is going to burst... the middle class is going the way of the Topeka Shiner"
Except that it ain't. C'mon, I don't want this to turn into a political discussion, either. But, the numbers absolutely don't support that assertion. In the 1850's it might have cost a weeks wages to buy a pair of shoes. Today? I think a view of history here is very helpful. It's also helpful to look at some numbers, to see past the wailing and knashing of teeth on this subject. | |
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