Thursday, August 04, 2011
Tale of two demographics:
The rich (NYTimes) Even Marked Up, Luxury Goods Fly Off Shelves
The rest of us (SLATE) When Dollar Stores Are Too Expensive
You know the economy is in bad shape when customers can't afford to shop at dollar stores anymore.
Can we have a corporate category. For all the companies like Apple that have so much money, they don't know what to do with it.
To be fair, at least, Apple deserves the money. They actually make something. Unlike pure, unadulterated thieves like Goldman Sacks.
hartmann argues if you raise taxes, people would funnel profits back into business in order to write it off.
if this is correct, that's rather counter-intuitive. an increase in taxes would actually produce jobs.