Since the workers in sectors subject to competition are disproportionately non-college educated, and the workers in the protected sectors are disproportionately workers with advanced degrees, the commitment to keep the dollar from falling can effectively be taken as a declaration of class war by the two highest ranking economic officials in the U.S. government.
Monday, April 14, 2008
Class War?
I enjoy Dean Baker's commentary on his "Beat the Press" blog site. His comments are always to-the-point while mocking the powers-that-be. His latest post Bernanke and Paulson Threaten to Intervene to Protect Higher Paid Workers announces class war:
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