Expansion At Last!

Nobel Laureate Paul Krugman, AKA Princeton Prof and Times' columnist, has declared on the Daily Show that "....the American Dream is dead" for most Americans.

And so, we can say, with utmost certainty, that we are on the brink of perhaps the greatest economic expansion in history.

Apparently, people like Dr. Krugman, who is wealthy by any definition, and an intellectual by intellectual establishment definition, does not know any average Americans. He particularly does not know any average New Yorkers. It will come as a shock to him at some point in the relatively near future, if he pays attention, that recent immigrants to New York City will not be buying any tickets home based on his declaration.

I recommend that Dr. Krugman and his fellow Daily Show guest, the noted seer of American culture, Eliot Spitzer, take a ride on the Number 7 train beyond their moated Manhattan castle. On the trip, if they get off and on in a number of Queens' neighborhoods, they will see a microcosm of the world. If they ride all the way to Main St. Flushing (neither, I'll bet, has been anywhere in Queens except the US Open, in a limo, for the Finals), they will have outdone Columbus and gotten all the way to Asia.

Funny thing, but people from Honduras, Ecuador, Mexico, China, Korea, Malaysia, Afghanistan, etc. do not know that the American Dream has died. Funny thing too, that many of these families work hard so that their children can go to Princeton and hear Dr. Krugman explain how they have wasted their time doing so from his pulpit. Mr. Spitzer, who matriculated at Princeton, pronounced on the same show that "median income has been flat for forty years," was born with a silver spoon in his mouth in addition to the foot. He probably makes the median income in one week at his dad's real estate firm. The former Governor lived the American Nightmare: he had it all and threw it away. Does he assume that since he undervalued the Dream, that others must do the same? A steamroller knows more about the average American.

We have said this hundreds of times in various fun ways, but this time let's be blunt. You cannot get reliable, valuable information in the Media any longer. The Media is made up of wealthy, over-educated people who hang with each other, marry each other, become wealthy and wind up working for huge corporations and elite institutions (News Corp., Time Warner, Disney, GE, Princeton). All the while they pretend that they are looking out for "the little guy."

The only reliable thing we get from them is that we know that the opposite of what they proclaim is the truth.

Start your engines.