tag:blogger.com,1999:blog-11719208.post8110500953994665537..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Our consumer economyTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-66519903063439320862009-01-11T09:41:00.000-08:002009-01-11T09:41:00.000-08:00Great commenting. Great article. In my blog I a...Great commenting. Great article. In my blog I am wondering how the short term economy will affect the consumer.<BR/><BR/>Take a look if you are interested <BR/><A HREF="http://www.pissedconsumer.org/2009/01/consumer-and-downturn-in-economy.html" REL="nofollow">Consumer Economy</A><BR/><BR/>thanks for writing<BR/>MikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-70760868751591645792008-10-31T12:35:00.000-07:002008-10-31T12:35:00.000-07:00The existence of a middle class with disposable in...The existence of a middle class with disposable income provides economies of scale, which lower prices for everyone. If the middle class evaporates, the number of consumers in the market will go down, the scale of economies will decrease, and the final price of goods will shoot up to compensate.<BR/><BR/>The wealthy might do well to understand their symbiotic need for the middle class, or the standard of living for ALL Americans rich and poor will tank.<BR/><BR/>http://aquiettruth.blogspot.com/2008/10/disappearing-economies-of-scale.htmlAJhttps://www.blogger.com/profile/14159764843937350178noreply@blogger.com