The big gov’t action figures always win:
Get one of the figures here – as soon as they figure out how to bypass the regulation to build them.
In the meantime, read these ten examples of the power of the ‘Kronies’ (yep! Republicans are guilty too)
Also here is an article showing that companies that cater to the rich are are doing quite well while those that cater to middle class are struggling:
In Manhattan, the upscale clothing retailer Barneys will replace the bankrupt discounter Loehmann’s, whose Chelsea store closes in a few weeks. Across the country, Olive Garden and Red Lobster restaurants are struggling, while fine-dining chains like Capital Grille are thriving. And at General Electric, the increase in demand for high-end dishwashers and refrigerators dwarfs sales growth of mass-market models.
Luxury auto dealers are likewise doing well, while others struggle.
Yet the biggest movers weren’t mass-market pickups or SUVs, but luxury vehicle brands from Cadillac to Lamborghini, many of which set sales records and sold every vehicle they could build or import last year — and only see more to come in 2014.
At this point the top 20% account for 61% of personal consumption expenditures – with the top 5% responsible for more than half of that. We are sadly headed toward being a society where most people either do not work or do not make much money with most of the consumption being on the higher end. While there is certainly nothing wrong with high end consumption, an entire economy based on zero-sum status competition games rather than genuine innovation does not bode well.
Unless there are drastic changes to the crony economy 15-20 years from now, few will be able to afford to live in a neighborhood with low crime, good schools and relatively high social trust.
Oh, our political elite are leading us down a very prosperous road indeed! [/sarcasm]