The Absolute Dumbest Wall Street Journal Story Ever. Really

Dumb, he says.

Well, there's health insurance at $12,000 a family that McCain and the corporations cannot wait to dump from employers into individuals' laps. There is $4.00 a gallon gasoline unlikely to EVER fall back below $3.00, if that low. There is a 2% Fed Funds rate to shackle your savings account while real inflation is probably at least three times that. There is a silly notion that kids earning bachelor's degrees should start life $20,000 in debt. There is the 401(k) craze designed for everybody to bet the farm on the stock market and then buy a bad-deal private-sector annuity instead of a pension. There are declining home values with fast-increasing numbers of families in negative equity, if not forclosed. There are credit card companies loving to push their 31.99% "default" rates on people not actually in default. There is a new $4,000,000,000,000.00 of national debt for tax cuts at the top and unpaid-for wars. And this author says Thomas Frank is "dumb" for reminding wage earners and rural folks to vote on middle-class economic issues instead of on abortion and guns and gay phobia stuff again? Mercy! The "dumb" part is reserved for those who DON'T listen to Frank.

Daniel David of NM @ May 15, 2008 16:43:56 PM