[1010RD]

Americans are allowed to fall out of the upper income brackets as well. That’s critical, too. The other part of this is single entry accounting. Incomes can fall in an increasing productivity economy and the cost of goods also makes a lower income not lose any purchasing power. It can actually gain purchasing power in that case.

[expat_panama]

Good morning all!  Right now we got futures flat for metals and upbeat for stocks after yesterday's drop in lower volume.  With stocks it seems the divergence continues as small stocks drag below moving averages while the Dow/S&P hit record highs.  Claims & inflations #"s today.  This mornings headlines:

Bonds are quietly outperforming stocks Los Angeles Times - 8:24am A trader watches a screen on the floor of the New York Stock Exchange on Tuesday. A trader watches a screen on the floor of the New York Stock Exchange on Tuesday.

Stock Markets Had a Rough Second Yesterday - Matt Levine, Bloomberg

Do Alternative Investments Fit In Your Portfolio? - Wall Street Journal

Now the Time To Jump Into Surging India? - John Kimelman, Barron's

Europe's economy underperforms with weakness from France to Italy Growth of just 0.2% for the currency bloc, half as much as economists had forecast, adds pressure on the European Central Bank to deliver stimulus measures next month in its battle against weak inflation and anemic output.

[expat_panama]

--and it goes on and on. My income's a great fer'instance here as even though my 'earned' income's fallen to zero my spending has soared with my 'unearned' income.

Census Br. numbers really do have to be handled with tongs while wearing a gas mask...