Middle Class Falls, Wall Street Rises … and Washington Dithers

Econ Moron Ron Fournier: Middle Class Falls, Wall Street Rises … and Washington Dithers. Fresh out of ideas and excuses econ moron Ron Fournier puts class war-fare back on the menu. As usual he’s blathering about the usual Wall Street verses Main Street nonsense. What this fellow doesn’t know, or won’t admit, is that Wall Street (to a certain, but rather significant extent) is Main Street. Wall Street is where most of our retirements live. They win, we win -sometimes. They lose . . . well good luck trying to live off the social security that won’t exist by the time that we need it. But that doesn’t serve this fellows narrative so he ignores it. Just like he ignores the fact that the real threat to the middle class has come from a over reaching government that prints money out of nowhere to buy votes, pay off cronies (many of them the very Wall Street types Fournier takes such a dim view of) and destroy our savings/earnings with the resultant inflation that they insist does not exist but plagues each and every trip we make to the grocery store.