What is curious about the present understandable preoccupation with the middle class is the assumption — both explicit and implicit — that the system is “rigged” (to use Sen. Elizabeth Warren’s favorite term) against this vast constituency of Americans. In reality, just the opposite is true. The system is rigged in favor of the middle class. That’s a natural result for a democracy in which politicians compete more for votes than for dollars.
Tuesday, December 30, 2014
Robert Samuelson has another "let them eat cake" economics op-ed in the NYT and Atrios found the almost criminally stupid paragraph:
Posted by Steve J. at 6:00 PM