Fed Economist Cheers Middle Class Squeeze | Talking Points Memo

The contempt of this government for the middle class sometimes becomes blindingly clear.

The New York Times ran a piece Sunday discussing a new Brookings Study showing how cities are becoming polarized, so that only the rich and the poor survive. Not to worry, says an economist for the Federal Reserve. Who cares if the fire fighters, police and teachers can’t afford to live in the city where they work?


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1250354