David Brooks, in the New York Times, has an interesting piece about a section of the population in the US that he refers to as the
formerly middle class.
This is a vast swathe of unhappy professionals who, in their halycon days(last month), would consume lattes, IPods and SUVs with the reckless abandon of a cashed out dot com millionaire. They now find that what they had become to believe were commodities have become luxuries…
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Posted on November 25, 2008 at 3:02am —
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Vincent Wright
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