The "poor" today live like the middle class of the 1950's. I can testify to that and I like testifying to that. I grew up with my parents and siblings in a 990 sq. ft. house which I was fortunate enough to interest a single occupant in buying a few years ago. We never complained or imagined that we were cramped. All our friends lived the same way.
I remember the day that the first black and white TV was delivered and set up. We thought we were rich!
This economy is great. I'm proud to be an American. (And I still think I'm rich.)
While we have more to protect we must protect it with ever greater vigilance.
Growing up, I had to walk 27 miles to school, uphill both ways in the snow. We didn't have shoes. All we had were pictures of shoes from the Sears Roebuck, which we taped to our feet to keep us warm.
Bread costs a nickel, but we didn't have anything to put on it. So, we'd give ourselves haircuts and make hair sandwiches. On holidays, we'd have mustard for our hair sandwiches.
OMG! The anti-Paul Craig Roberts!