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Friday, 22 July 2011

The Three Rules of Modern American Economics

Posted on 05:45 by hony
 Another apt title for this post would be "why I'm a liberal."


The above chart has, for several months now, floated around the internet and irritated me like no other graphic I can remember. Partially it is because it is so obviously true, and partially because I know the truth of it is as inescapable as gravity.

The Three Rules of Modern American Economics
Rule 1: Rich get richer. Everyone else gets stagnant.
Rule 2: Repeat Rule 1.
Rule 3: Pretend Rule 1 isn't true.

I think this is pretty cynical of me, but I also think it's absolutely true.


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