The problem was not that Americans spent beyond their means but that their means had not kept up with what the larger economy could and should have been able to provide them. the American economy had been growing briskly, and America's middle class naturally expected to share in that growth. But it didn't. A larger and larger portion of the economy's winnings had gone to people at the top.
Robert ReichAbout author
- Author's profession: Economist
- Nationality: american
- Born: June 24, 1946
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Thousands of years ago, man lived in harmony with the rest of the natural world. Through what we would today call Telepathy, he communicated with animals, plants, and other forms of life-none of which he considered "beneath" himself, only different, with different jobs to perform. He worked side by side with earth angels and nature spirits, with whom he shared responsibility for taking care of the world.
Benjamin Hoff