Now that the credit bubble has burst, there is nobody with money to purchase at the higher prices, and there has been no true large-scale middle class in the developing countries which could take up the slack.
The Left wanted their Free Lunch of endless entitlements, on the back of the middle classes of the developed world. But demographics and offshoring together are putting an end to that.
The real solution is not that of turning on the printing presses, as Obama wants to do, but of forgetting the principle of the Free Lunch altogether. The only way to make sure both the poor and rich have enough, is not to quibble over how to divide the pie, but to *bake more pie*.
What do you do if you are a cake man?
That pie looks so good, I think I’ll bake an apple pie and have it with vanilla ice cream!
Mo’Pie is always good...;0)
...and gee, thanks.