Do bear in mind that this distribution of income has gotten increasingly unbalanced since the early 1970's.In fact, the broad swathe of the population has had a declining standard of living by real terms measurements over that time period.The illusion of unlimited credit at negligible interest rates was doubly seductive in this context.
Do bear in mind that this distribution of income has gotten increasingly unbalanced since the early 1970's.
ReplyDeleteIn fact, the broad swathe of the population has had a declining standard of living by real terms measurements over that time period.
The illusion of unlimited credit at negligible interest rates was doubly seductive in this context.