NP - St. Ralph Continues To Advance the Most Important Cause in American Politics, His Ego

[David Morris]

Ralph Nader, epic mansplainer, tells Janet Yellen to listen to her husband.

http://www.salon.com/2015/11/02/ralph_nader_epic_mansplainer_tells_janet_yellen_to_listen_to_her_husband/

Apparently, Ralph Nader is still talking, though in a way that certainly
inspires a deep desire to go to Tumblr to find as many “shut up” gifs as
one can find. Over the weekend, Nader published a nonsensical piece at the
Huffington Post complaining that “humble savers” are getting screwed by the
Federal Reserve’s unwillingness to raise the interest rate, which Nader
seems to think is an elaborate plot to help the rich banks at the expense
of working people.

As Jordan Weissmann at Slate points out, the entire argument doesn’t make a
lot of sense, as “relatively few households actually survive on interest
income.” Most ordinary people would benefit a lot more from a robust
economy than a higher interest rate on their savings account, but Nader
seems to assume a nation of people living on investments rather than on
paychecks, which really undermines his spokesman-for-the-working-class
schtick.
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