Thursday, August 04, 2011

The Bank Account Is Too Empty

A couple months ago there was an article about how what really worries cable TV execs is the fact that people don't have any goddamn money. It was stunning because it was about the first time I remember noticing any of our Galtian Overlords speaking this way. And, yes, hollowing out the middle class hollows out demand for products that those people purchase. This isn't rocket science.