Bad old
Obama is yet again pushing those tired and fraudulent numbers about female wage inequality. Says "Let's not return to the bad old workplace policies of the Mad Men era."
Okay. Here's a graph of overall income inequality, taken from
Stockman's incomparable blog. I've marked 1966 for the Mad Men era.
Hmm. Bad old policies? Looks to me like those bad old policies were VASTLY BETTER for ordinary Americans, including ordinary female Americans. Ordinary Americans have been losing ground since then, both absolutely and by comparison to the Goldman class.
Well Barry, it's nice to see yet again that you are Massa Goldman's best and most loyal houseboy.
Labels: Old Economy Steve