American Enterprise Institute’s Michael Strain, a moderate, wrote that Yellen is now “in danger of becoming a partisan hack
Yeah, for analyzing what is established FACT. The Right yet again shows its UNHINGED-ness.
Rather than actually state that rising inequality is a problem in American life, she merely conceded that it is “appropriate to ask whether this trend is compatible with values rooted in our nation’s history.”
So she puts it rather mildly (since it is most certainly “a problem”, since that is why the economic figures are significant in the first place. DUH! ). But apparently the MENTION puts the conservative project in jeopardy (as it should. It’s an obvious and ongoing disaster for the very meaning of “Middle Class”, not to mention the apalling growth of the poor, as people slip from the ranks of that myth-laden aura of Middle Class into the very real state of it being impossible to keep up with expenses without help. Yeah, good job “bootstrappers”. I would really like to see these smug, condescending jerks cope with what they have hoisted upon the 99%. If the “bottom portions” of that 99% are feeling the real pinch, it is also seeping upward to pull more from the “Middle” downward. It seems that the aim is onward and upward, with 99% the goal, so that all of the rest of the country become service workers for the 1%. They were not happy with a thriving middle class, much less giving any help to the lower classes to climb up.
There is a little narrative that goes this way:
First they came for the Socialists, and I did not speak out—
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me.
We might have one of these going in our country’s economic system. The “I” is speaking from that “Middle Class”.
First they came for the hungry (slashing food programs, etc.) and I did not speak out becuase I was not hungry.
Then they came for the sick (rising health care costs, opposing universal health care, opposing even tempered and compromised efforts like the Affordable Care Act, and I did not speak out because I had health insurance through my employer.
Then they came for the workers, gutting unions and cutting wages, and I did not speak out because I was not in a union and had a pretty good paying job.
Then they came for the rest of the Middle Class, and there was no one left to speak for me.
(* And no, I’m not comparing the economic mess to the holocaust. But it is serious, and it is growing and needs to be stopped. )