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Friday, July 28, 2006

"We Come From France"

Ezra Klein on "The Conehead Economy":

In the past, I've called this "The Conehead Economy" -- plenty of growth in the economic body, but all of it happening in the top percent. Were that to happen to a person, you'd see six inches of growth in their forehead and doctors everywhere would be puzzling over how to correct the deformity. As it is, the media trumpets the growth, the politicians backslap over the roaring economy, and everyone wonders why the average American seems so unhappy.

    Posted by on Friday, July 28, 2006 at 02:11 PM in Economics, Income Distribution | Permalink  TrackBack (0)  Comments (1)

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