Cooper on SUVs

[Brad De Long]

>In terms of income, of course $100K puts you way up
>there in percentiles, but . . .
>I don't know anything about CC's friends in poverty,
>but perhaps the lives of those below $35K in families
>with children (i.e., not retired where the house is
>paid for and the kids are gone) is as different from
>the $100K people as the latter are from those with enough
>wealth to afford an expensive lifestyle w/o need of employment.
>
>mbs

What he said...