Newspapers are running big headlines on their websites this afternoon about the precipitous drop of the Dow Jones Industrial Average, which has fallen below 7,000 points for the first time since 1997.
The breathless coverage of investor angst on Wall Street ceased to be fascinating to us a long time ago. Every week, it's the same story: Some big company is laying off a lot of people, going out of business, or reporting a huge drop in earnings, while profits have vanished and many large financial firms continue to bleed money.
We continue to be told that "what happens on Wall Street affects Main Street" (Wall Street/Main Street, by the way,