September 22, 2011

There is a finite amount of currency

Concentrated in fewer and fewer hands:
Adjusted for inflation, median household income in the State declined 14.5% between 1999 and 2010, according to U.S. Census Bureau estimates released Thursday. — Is what it says here.
Actually it's not true there is a finite amount of currency because I hear from conservative Republicans that the Federal Reserve keeps printing it — almost to the point of treason, according to the current GOP favorite — and yet it's still getting concentrated in fewer and fewer hands.

No wonder folks are pissed off at corporate toadies like Scott Walker.

1 comment:

Anonymous said...

CNN reported this morning that income declined 28% in the last three years. Who's going to pay the Federal deficit and debt?