View Full Version : Another Republican Speaks Out

David G
01-24-2014, 11:07 AM

Bair’s statements, which fly in the face of most modern right-wing talking points about economics and federal spending, have also come as what remains of the conservative factional coalition that is the GOP, continues its often bombastic infighting, with what is being characterized as a “civil war” having erupted between establishment Republicans and their more extremist counterparts in the Tea Party over very many of the same issues in regards to spending and investment.

- See more at: http://aattp.org/prominent-republican-blasts-tea-party-on-income-inequality-calls-for-new-economic-stimulus/#sthash.ZMFRrwZA.EauHnbDG.dpuf
“I do think it’s made income inequality a lot worse. It’s inflated financial assets. I mean, they say that’s the purpose, right, to get this wealth effect? But what is it? The top 10 percent of the population owns 80 percent of the stock. We need fiscal policy. And I know the Fed says, ‘Well, Congress isn’t going to do anything, so we need to do this.’ But I think what they’re doing at this point just continues to skew wealth towards the very wealthy. We need Congress, we need fiscal leadership.”

01-24-2014, 11:20 AM
Nice web site.

David G
01-24-2014, 11:23 AM
You're welcome.

And did you, perchance, have anything germane to the article you'd like to share?

David G
01-24-2014, 10:03 PM
The way I read this is hopeful. It appears that the more rational wing of the Republican party is feeling emboldened to speak out.