Protesters want redress of a proximate wrong, or some “efforts to crack down on abusive practices” of Wall Street, as President Barack Obama put it last week. They need something more general: a job or a better job; cash or insurance for health bills; a way to pay off student loans. In other words, a stronger economy.
Talk about begging the question: this douchenozzle seems to somehow think that magically a stronger economy will spontaneously grow out of pursuing the same goddamned failed policies that got us into this mess, by somehow claiming they worked in the dim dark past...of the Harding administration?
Y'know, somehow pursuing policies of ninety years ago that failed to noticeably improve the lot of people...by the end of that very decade, the Great Depression seized the entire planet...and that have yet again demonstrated a complete impotence in the face of an economic hurricane seems stupid.
Shales, for thirty years, we've lowered taxes, over and over (save one important exception). And for thirty years-- save for that same exception-- we've seen wage stagnation, an inability to generate jobs, and a middle and working class losing ground, forced to borrow against their homes, their incomes and their good names.
In the past ten years alone, tax rates have been the lowest SINCE the Harding administration, yet barely three million private sector jobs have been created.
Compare that to the Clintonian exception of the 90s, when 23 million were created.
HOW STOOPID DO YOU HAVE TO BE TO GET A COLUMN AT BLOOMBERG????