Monday, September 29, 2014

US More Unequal Than Rome

Here's a good evaluation of the state of financial inequality in the US:


The greatest irony is that the President is railing against inequality as one of the most important problems of the day, despite the fact that his policies are squeezing the middle class and causing the Fed – with the President’s encouragement – to engage in the radical monetary policy, which is exacerbating inequality. This simple truth cannot be repeated often enough.


Either the President is clueless (quite possible) or a liar (a proven fact), or both.

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