Kudlow: America Needs a Choice, Not an Echo

While I agree with the idea that the rich buy most of the big ticket items, getting more funds downstream is also important. I have been in the restaurant industry for 35 years, and our business is very susecptable to economic variations. Your point is well taken that the rich spend money in our businesses, but when you talk about driving the economy, I think, on a percentage basis, the lower classes waste th most money on stupid consumer goods that the rich people's companies are selling. Even the busboys are carrying I-Phones. Middle class? hell-no! I'm to busy paying my mortgage, I really havent bought any new stuff in years... But my bartender just bought a new plasma...So, all I'm pointing out is that the money goes both uphill and down. The middle class is to scared to spend anything right now, so the top and bottom are our only hope. Unless of course the media stops talking about the recession, Because then, in about 2 weeks the short attention spans we have cultivated will have forgotten all about it and the hordes will return to the malls wearing those stupid brightly colored plastic shoes, wasting tons of money on all the junk that our economy is built on.....Hey Pal! What some sneakers with lights in them?

Al Pfeuffer of NJ @ Dec 31, 2008 11:07:14 AM