So for the sake of the economy and, especially, for the men and women working the selling floors of luxury retailers and the showrooms and service departments of expensive automobile brands, we all should hope that the latest spasms of the stock market don't scare upscale Americans into tucking away their Amex black cards.But of course pointing out the fact that there are economic inequalities rankled KMOX's Mark Reardon, who claimed that it was nothing but "class envy:"
At the same time, we can't help noticing how far removed a Mercedes S-class sedan is — for gas savings, consider the S400 Hybrid, starting at $91,000 — from Americans who don't know if they'll have a job next week.
We think about families who have no option but to keep squeezing miles out of aging cars that are just a paycheck away from being unfixable — AAA (the auto association) reported this week that a quarter of all Americans couldn't afford a $2,000 car repair bill if they were faced with it.
We imagine couples now living on one income instead of two, worried about meeting the payments of adjustable-rate mortgages. We know middle-aged, middle-class parents who've lived modestly and saved responsibly and wonder from semester to semester if there will still be federal Pell grants and subsidized loans to allow their kids to stay in college.
Great to know that such caring and thoughtful people are given their own radio shows. I'm sure it's because Mark Reardon is just so much more intelligent and works so much harder than all of the people who live in poverty, right?