$$$ ??? +++ !!!

Rod Adams has left a new comment on your post "Good, but...":

Ben:

I am no economics expert, but I do talk to a lot of people in various economic situations. My far less than scientific sample tells me that some people have been doing okay - those in upper middle income jobs like management, major media journalism, and technology that have owned their homes for a number of years.

I have also talked a good deal with people who have not been doing so well - those people in skilled labor positions, teachers, those who work the cash registers, and those who are just starting out and looking for their first homes.

Certainly a mixed bag, but one where it is understandable that there are many people that have not been satisfied with the performance of the economy.

Ben's response:

Rod,

These are inordinately difficult numbers to measure.

Clearly, the rich have gotten richer, but so have the non-rich.

If a family earning $30,000 a year goes to $60,000 a year over the course of a couple of years it is more important to them, and should be to the rest of us, than if Warren Buffet or Bill Gates pick up and extra billion.

Thanks for posting.