I agree that growth forever is unrealistic. I'm referring to the fact that growt... | Hacker News

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api on Aug 23, 2012 | parent | context | favorite | on: The Cheapest Generation

I agree that growth forever is unrealistic. I'm referring to the fact that growth has stalled for everyone below a certain bracket, but is continuing apace for everyone above.

This has been true for a very long time, but people were filling it in with debt. Then everything got over-extended and collapsed.

yummyfajitas on Aug 23, 2012 [–]

I'm referring to the fact that growth has stalled for everyone below a certain bracket,

Please go read the source I linked to, which shows that growth has not stalled for the bottom 20%, nor the middle 20%.

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