Monday, February 3, 2014

Washington's Bubble World vs. Main Street's Reality


The Middle Class Is Steadily Eroding. Just Ask the Business World. (The New York Times, 2/2/2014)

Two different worlds.....we live in two different worlds.  As politicians and pundits in Washington continue to spar over whether economic inequality is in fact deepening, in corporate America there really is no debate at all. The post-recession reality is that the customer base for businesses that appeal to the middle class is shrinking as the top tier pulls even further away. 

If there is any doubt, the speed at which companies are adapting to the new consumer landscape serves as very convincing evidence





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