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I all due respect to the Professor (I also have an advanced degree in Economics....Big Deal), his argument is sheer propaganda and any true financial person would dismiss it out of hand. I would not even dignify it by tearing it apart; it falls of its own weight.
What the argument does not take into account is the net spendable portion of each diner. Plain and simple.
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Bob S. former owner of a 1984 silver 944
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