Former Federal Reserve Gov. Lawrence Lindsey told
Newsmax TV that the American public must fight back against the “arrogance and incompetence” of the ruling class “who think they know how to run your life better than you do.”
The current presidential campaign has been marked by anger, criticism of the political status quo and a cry in both major parties for a sea change in how politics governs the lives of average Americans.
“I think people are right to be angry because the sense that the government knows better than you do is a problem of arrogance,” Lindsey, author of
"Conspiracies of the Ruling Class," told Newsmax TV’s "The Steve Malzberg Show."
Lindsey defined the “ruling class” as those who “think that you're not capable, that you need government to guide you … and of course the most important part is that they're the natural people to be in government,” he said.
“And you combine that with what a bad job they're doing, what I call incompetence, arrogance and incompetence is enough to make anyone angry,” said Lindsey, who also served as director of the National Economic Council for President George W. Bush
“So I get why people are angry. What I try and talk about in the book though is how to fix the problem constructively. Yelling about it, shouting about it is not the way to do it,” said Lindsey, resident scholar for the American Enterprise Institute and president/CEO of The Lindsey Group.
“These guys are well entrenched, you need to get in there and you need to root them out. You need to take back the power that they have grabbed for themselves over the last 50 or 100 years that the founding fathers never intended,” he said.
“The government is supposed to serve the people, not vice versa. What the ruling class has done is turned that on its head and we have to get people in there who are going to reverse that trend,” he said.
Lindsey especially took to task Vermont Sen.
Bernie Sanders, who is running for president as a Democrat, and his campaign cry for a "political revolution."
Sanders has been campaigning on Woman's rights; regulating Wall Street and big banks; healthcare for all; the environment; and the greatest level of wealth and inequality on the planet.
"Something is fundamentally wrong when so few have so much and so many have so little," Sanders has said on the campaign trail.
"And when we talk about equitable wages, we know that women today are making 73 cents on the dollar compared to men," Sanders said at a recent Buffalo, N.Y. rally,
WKBW.com reported.
"And if those women are African American or Latino, that gap is even wider. What women are telling me is that they want the whole damn dollar and they're right."
Lindsey has little faith that a President Sanders would actually live up to anything he has promised on the campaign trail.
“The people who talk the most about reducing inequality as president actually do the worse job of it. Inequality rose more under six years of Barack Obama than it did under eight years of George Bush,” Lindsey said.
“The more they talk about it, as it turns out empirically, the worse job they do at reducing inequality.”
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