This is hardly surprising. House prices skyrocketed, wages didn't.
Why?
According to David Brancaccio
Quote:
.... it's about inequality, the widening gap between the wealthy and the rest. The wealthy push up house prices, the market follows, and wages are not really going up all that fast compared to the housing prices. So just to have an OK place to live in an OK school district, demands these longer hours of work.
The ol' widening income gap...again. What's up with that?
I'd heard this story this morning coming to work. Just now when I went to the web site to follow up some, this story caught my eye. It's about feeding the masses. It led me thinking about a world where the wealthy get to eat fresh, healthy organic food while the masses get pesticidal corn/soy food.
Anyway, it's Friday and my hubby is making me seafood linguine in a white wine sauce for dinner. Yummers. How much should I splurge on a bottle of wine - My range is between $8.00 and $25.00?