Who Needs a Raise When You Have TV?

Before you embrace the idea that today is worse than yesterday and tomorrow won’t be much better, however, consider a common experience:
by
Virginia Postrel

Are you better off now than you were 10 years ago? For middle-class Americans, a common answer to this version of Ronald Reagan's old question is no. Nor are they optimistic about the future. The recession may be over officially, but a lot of smart people are convinced that broad-based improvements in the standard of living are largely a thing of the past.

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