Handelsman’s cartoon looks like a history lesson illustration portraying the position of the middle class in 1970. It makes current sense as a variant on Roadrunner cartoons where the coyote spins his wheels over the chasm for 10 years before the 30 year drop to the bottom of the canyon. Humor is never that slow but economies are. What worries me is the anvil that hasn’t hit yet.
I always sympathized more with the coyote than the roadrunner.
– Iron Filing