In Reply to: RE: I think the picture is much bigger than that posted by Charles Hansen on September 30, 2017 at 10:11:04:
> I think the real problem is that the middle class is being squeezed out by
> Wall Street. Inflation is there but carefully hidden by the government.
> Productivity has risen by 40% since 1980, but wages have only risen less
> than 10%.
Amen to that sentiment, Charley, I wrote about the shrinking middle class
and its adverse effect on the audio industry back in 2011. See link below.
From that essay: "It was that middle class's combination of disposable
income and increased leisure time that fueled the growth of high-end audio."
John Atkinson
Technical Editor, Stereophile
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Follow Ups
- RE: I think the picture is much bigger than that - John Atkinson 10/1/1716:08:21 10/1/17 (6)
- RE: I think the picture is much bigger than that - Charles Hansen 18:41:25 10/1/17 (5)
- RE: I think the picture is much bigger than that - stereo5 20:00:29 10/1/17 (4)
- RE: I think the picture is much bigger than that - Charles Hansen 21:16:22 10/1/17 (3)
- RE: I think the picture is much bigger than that - mgbpuff 06:09:32 10/3/17 (0)
- RE: I think the picture is much bigger than that - stereo5 18:56:02 10/2/17 (0)
- RE: I think the picture is much bigger than that - AbeCollins 10:39:53 10/2/17 (0)