Quote of the Day

From the excellent Paul Krugman.

One last thing: the real wages of most workers fell during the "Bush boom" of the last three years. If that boom, such as it was, is already over, workers have every right to ask, "Is that it?"

The boom went off in workers' faces. Others did benefit from the Bush boom. According to a New York Times study, the top 70% of investment tax savings come from the richest 2 percent. Now those people experienced a boom.