Upside econonomics

I wonder how many of these people have the latest I-PHONE , flat screen TV or a new car over a beater....

This is why it is so politically difficult to cut entitlement and gov't spending programs. Nearly 2/3rds or Americans need them while the top 0.5% make a ton of money "managing" or manipulating them. The healthcare industry is dependent on 9% price inflation, the defense industry has traditionally overcharged or underestimated costs and has milked our country's insistence to constantly be at war (all backed by a country full of "patriots" that don't dare question military spending)....

And yes, the 64% do spend well over $1,000 on luxury items like iPads...