Why America needs a little less laissez-faire

[Narkos]

Financial Times Op-ed by Barney Frank

As we prepare for this autumn’s election, the results are in on America’s 30-year experiment with radical economic deregulation. Income inequality has risen to levels not seen since the 1920s and the collapse of the unregulated portion of the mortgage and secondary markets threatens the health of the overall economy.

These two economic failures will be major issues in the forthcoming presidential election, and, importantly, there is an emerging Democratic consensus standing in sharp contrast to the laisser faire Republican approach.....

http://www.ft.com/cms/s/0/d001b2c6-c20a-11dc-8fba-0000779fd2ac.html?nclick_check=1

[nightrider767]

1. I don't see it factoring into elections...

Americans won't wake up, till they are flat on their asses....

Too bad.