Relax, We’ll Be Fine

From the article: "Over the past 10 years, 60 percent of American adults made more than $100,000 in at least one or two of those years, and 40 percent had incomes that high for at least three."

Am I the only one shocked by that statistic? That is far more people making six figures than I would have imagined. I can see one year by virtue of selling stock or real estate or even inheritance, but the 40% with that income continually paints a different picture of America to me.

I read the book reviewed in the article "The Next Hundred Million: America in 2050." It's a horrible, pollyanna-ish book. It simply hand-waves away every possible problem. It talks about how fantastic the suburbs are and ignores how dependent they are on cheap oil for transportation. It literally just says that oil dependence isn't an issue and everything will be SO AWESOME!1!

A more facile book could not be written.