Donvitti brings up some interesting news. The rich are getting richer.

Whoopi, what’s wrong with that?

Nothing, if it happens as it did during the 1990’s. when each layer of income experiences some growth. However a potential problem occurs whenever an upper bracket increases its own prosperity at direct cost to everyone else.

This is dangerous. Throughout most of the economic cycle, whenever a large percentage of wealth remains locked into goods and services, the economy remains more resilient to little fluctuations.

But as more and more of a higher percentage of any nation’s GNP is invested in speculative markets, throughout history, a crash has occurred immediately after.

In plain talk, if your business reinvests some income in itself, it is better able to weather the little hills and valleys covering the economic landscape. But if that business, rapes its assets, to utilize them on speculation, and an economic pitfall unexpectedly materializes, then ALL is lost in an instant.

That happened to this country in 1929.

Every water heater or boiler is built with a safety valve. That was because houses in the old days used to explode. For our sake, before it is too late, a safety valve needs to be reinstalled on our economy.

A start would be the expiration of tax cuts. That is a quick, if not unsavory, method of returning to fiscal sanity. Being conducted in open forums with spirited debate, may just stave off a financial meltdown that data shows us may lurk right around the corner.