Thursday, March 12, 2009

It Is Obvious School Taught Economics Is Not Working

We Should Pray for the Rich to get Richer (Bar Stool Economics)
by Charles Adler
March 12, 2009

It's been a tough year for the richest people in the world. That's a line right out of a magazine whose target market is the rich. My question to you, “Are we supposed to care that it's been a tough year for the richest folks on the planet, people like Bill Gates and Warren Buffett?” Yes, I care a lot. Not because I worry about them putting food on their table or a roof over their heads. I just don't do the Jack Layton thing when I see that kind of headline. I don't lick my lips and feel gleeful that some rich people are seeing their portfolios taking a hit...And the reason is, because I care about the rest of us. The non-billionaires and the non-millionaires. The rest of us.

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