Today, you'll have to excuse me. I am going to rail about economics. It doesn't help that I am simply and relentlessly dumb when it comes to anything more complicated than making change for a 20. Across the country, working-class people are being laid off by the tens of thousands and those companies that aren't beheading workers are downsizing. Others are working more hours for the same pay.
Costs keep climbing, from movie tickets to bird seed.
Yet, the housing market is booming and despite a big punch in the tummy to Wall Street, leading economists are predicting that the Gross National Product will rise by 2 percent this year. The other day, I was thumbing through a real estate section for downtown L.A. and the San Fernando Valley. Around 2,000 square feet. No maid's cottage. No race track to warm up the thoroughbreds on foggy mornings.