American Prospect: (Pre-)Occupied – Why isn’t the Fed doing more to shore up the economy? By Matthew Yglesias | October 14, 2011

If 9 percent of Ben Bernanke’s friends were unemployed, I bet his hair would be on fire.   If 9 percent of Richard Fischer’s friends were unemployed, he wouldn’t be criticizing Bernanke from the right. But they’re not.

Key decision-makers throughout the economy are oddly insulated from the misery afflicting young people and huge swathes of the working class.



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