We Slept When Clinton/Summers Raped the Middle Class; We're Sleeping Again

[MannyGoldstein]

The two pillars of our current economic tsunami were both primarily products of Larry Summers, Robert Rubin, and Bill Clinton:

1. Wholesale financial deregulation
2. Job-obliterating Almost-Free Trade With China

When these things were happening, some of us said "Wait - this is a great idea for the Banker Class, but a catastrophe-in-waiting for the Middle Class." We were told to fuck off; after all "They're Democrats!", and these things are far too subtle to be understood by us little people.

Now here we are.

Today we're seeing a repeat - some of the same actors taking actions to, once again, brutally screw the Middle Class. Once again, it'll be great for the Banker Class; they will be given many trillions of our tax dollars under "heads you win, tails we lose" rules. Virtually every economist of any standing has called this for exactly what it is - another catastrophe-in-waiting. But, once again, those who see what's happening are being told to fuck off. "They call themselves Democrats, so we have to support them".

Look - if even most members of a site called "Democratic Underground" can't figure out what's happening, we are utterly doomed. I know my words are harsh, but this is an existential threat, not something to be coated with sugar.

Will we sleep through it? Or will we take action this time?