Frugality is for the Little People

Past performance is no guarantee of future results:

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,” Obama said.

“That’s not leadership. That’s not going to happen,” he added.

— Presidential Candidate Barack Obama, May 18th 2008.

“I do think at a certain point you’ve made enough money.”

— President Barack Obama, April, 2010.

“One Percent Perks: First Lady’s $9K Oscar Dress.”

— Headline at Big Hollywood today.

Related: And speaking of an entrenched Ruling Class and their lack of frugality during these complex and difficult fiscal times the end of days for 80 years of Keynesian economics, “Forbes Lists America’s 20 ‘Most Miserable Cities’; Guess What The Vast Majority Have in Common?”