KC Fed President Esther George, Who is this Crazy Person

As bond funds and interest rate sensitive shares get hammered today... this crazy person sounds like she has no clue what the average American is going through now days "Ms. George's break with her fellow central bankers' outlook is not unusual for her. She has spent much of her tenure as leader of the Kansas City Fed in opposition. In her last voting stint on the FOMC in 2013, she dissented at almost every single meeting. She feared the Fed's aggressively easy money stance was creating financial stability problems, while sowing the seeds for a potential inflation surge in the future. Her views have proved consistently unpersuasive to officials at the heart of central bank decision making. from WSJ article: 

http://online.wsj.com/article/BT-CO-20140603-708987.html

What delusional financial world is this Fed Executive Esther George living in saying she was upbeat about the economy and “a return to more-normal economic conditions is on the horizon” and welcomed declines in the jobless rate, now at 6.3%, and said it should continue to fall more. Is she totally out of touch with reality and doesn’t understand that NOW 40% of working Americans are making less than the 1968 MINIMUM WAGE inflation adjusted??? According to the Social Security Administration, 40.28% of all workers make less than $20,000 a year in America today. So that means that more than 40 percent of all U.S. workers actually make less than what a full-time minimum wage worker made back in 1968. That is how far we have fallen. That the minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker productivity (Center for Economic and Policy). Unless you have experienced what it is like to work hard and still fall short of honoring you commitments- you have little understanding of the present situation in many of the free world societies. There are millions of families that have husbands and wives working full time jobs yet are unable to keep up with the most fundamental necessities. If middle class wages have been frozen for over a decade let someone show me how the cost of living has also stayed frozen during that period. Millions of people are now earning slave wages and can’t even afford to pay rent and buy food without assistance, what planet is this Fed Executive living on?

other articles:
http://www.aflcio.org/Blog/Economy/Work-Harder-Make-Less-40-Earn-Less-Than-1968-Minimum-Wage

http://www.popularresistance.org/40-of-us-workers-now-earn-less-than-1968-minimum-wage/

http://www.nytimes.com/2013/02/03/business/americans-closest-to-retirement-were-hardest-hit-by-recession.html?smid=fb-share&_r=1&

http://thinkprogress.org/economy/2013/11/05/2890091/wage-income-data/