October 1, 2011

NONE OF THE POLICIES WE’VE SEEN UNDER THIS ADMINISTRATION HAVE BEEN ABOUT EQUALITY: The Fed’s Twist May Increase Inequality. “The past recession has been particularly hard on middle- and lower-income Americans. The millions of people who suffered foreclosure were mostly in these groups. Millions more remain unemployed. So as the Federal Reserve steps back in to provide more action meant to fuel the economy, we should ask whether its policies will really benefit those who need assistance the most. Unfortunately, it will instead benefit the relatively affluent.”

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