Students: Read the following article from the Wall Street Journal in regard to the Fed and income inequality.
https://www.wsj.com/articles/feds-yellen-says-extreme-inequality-could-be-un-american-1413549684 (if this link does not work, I have the entire article in a word document below- click that to read the article)
I have also attached a 'blog' in regard to income inequality posted in the New York TImes on June 3, 2013. First, how accurate do you think the 'blog' is? Can you see bias to the writers opinion? After reading the information, and completing some research on your own, what do you think? Has the efforts of the Federal Reserve helped only the wealthy while doing little or nothing to help the poor? Or has the policies put in place by the Federal Reserve helped all Americans? Make sure your first post is a minimum of 300 words for full points and make sure to include some additional references to another source to back your position. Second posts due by Friday, 11PM.