America's Phony Lost Decade

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I don't understand your point when you say that the fact that richer people buy more expensive goods negates growing inequality. And not everyone is earning wages, salaries, and benefits, and certainly those that we'd be concerned about are not. You've also not taken into account whether there's an increase in the cost of living, which is definitely the case if for no other reason than increased gas and food prices.
You put out on the table a lot of arguments, but I don't see any coherent point that you're trying to make with them. I don't think the economy is as bad as critics say, but that doesn't mean you can paper over it's weaknesses.

robocaller of CA 11:28PM October 29, 2008

I would not trumpet America's wonderful free market economy. For one thing, whenever there is a problem such as the housing bust or expensive health care, market skeptics (aka socialists!) say it was caused by the unjust free market and call for government intervention to fix the problem. In other words, this argument plays right into their hands. The second problem is the actual reality that we have too much government intervention and that is causing a drag on our prosperity.

Liberty Lover of NY 12:51PM October 28, 2008