Friday, June 10, 2005

Friday is Krugman Spaghetti Day

(Or should that be "Prince Krugman Day"?)

Paul Krugman's column today is about the sacrifice of the middle class and working class at the altar of the wealthy. Did you know that between World War II and 1973, average family incomes (adjusted for inflation) doubled? And between 1973 and 2003, incomes also doubled—for the 1% of families, anyway. Median family income rose just 22% during that period, and much of the increase is attributed to women joining the work force rather than rising salaries. Before we return to the days of rich robber barons and poor everyone else, Krugman says, we need to shake things up and expose what the current administration's policies are doing to working families.

Yeah, I could fill this post with quotes from the column, but wouldn't you rather read the whole thing yourself? I knew you would.

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