Larry Summers outchea claiming elite liberal manners getting the way of solving the material issues facing the economy...
And the people being overly concern with "wokeness" is...........check notes...........The Federal Reserve
Me reading this...
Ok
osh kosh bosh
I'll give you this one. Mans took your bars. Straight up Bodak Yellowed your ****
Larry Summers unwittingly made the point that, for the most part, one’s support for social justice correlates with one’s support for economic justice.
Very noteworthy exceptions exist. Strasserites, NazBols and harrenvolkists are somewhat econ left and very socially right; and we’ve got the rainbow capitalists, being somewhat left socially left and strongly econ right. There’s also the fact that it’s sometimes hard to neatly divide social and economic issues.
Nevertheless, if you want trans people prosecuted for using the restroom that they want, you always side with the cops when they shoot a black person, and you hate the fact that women’s studies exists, there’s a good chance that you want hard money, high unemployment, low wages, and little to no social safety net.
Meanwhile, it’s a pretty safe bet that someone, who vocally supports marginalized groups, is either anti capitalist or supports strong state interventions in the economy in order to provide everyone with a decent, dignified, worthwhile existence.
So thank goodness for our “woke” Fed using its tools to prevent high unemployment and the horrific and unevenly distributed human suffering that it causes.
Larry Summers, sorry that your munis’ real rate of return isn't being pumped up AND there’s not 20% black unemployment. Cope and seeth, you racist, sexist, classist pig.
I keed
