Economic nemesis is already underway

Letters last week, one by sagacious Robert F. Green and another by Glen Holzhausen, allude to the coming ruin of the American economy. Holzhausen predicts the collapse will be caused by the Democrats, somehow overlooking the incredible abuses of Mr. George Bush. Mr. Green views that the destruction is already well under way; he refers to “Armageddon on Wall Street.”

The stock market is now at an historic peak. Those with large investments in the market are rolling in the dough, but the American middle class American is suffering. Wages for the middle class and lower-income people have not move...