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View Diary: Austerity isn't dead... but it should be (132 comments)

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  •  I think the root cause is even deeper. (3+ / 0-)
    Recommended by:
    tardis10, eps62, historys mysteries

    The funding imbalance would not be an issue if the excessive disparity in compensation and tax policies didn't favor such egregious concentration of wealth. And a healthy portion of that is based on social acceptance the of supply-side economics that it is good to make the rich richer at every turn. Perhaps 30% see through these destructive attitudes and the policies they drive. Change that to 70% and we might get somewhere. But that would mean converting corporate Democrats...

    Frankly, I'd rather take down Exxon or Goldman Sachs, the way we're taking down RushBeckistan, than elect another "better" Democrat who's going to wind up singing for the bankster choir.

    by Words In Action on Sun Apr 28, 2013 at 08:56:06 AM PDT

    [ Parent ]

    •  Chamberlain Democrats, Clinton Democrats, (5+ / 0-)

      no matter what you call them, they're actually Reagan Democrats.  Voters turned to Reagan because he was so good at political rhetoric, but elected Democrats turned to Reagan because they swallowed the benefits of "trickle-down," supply-side economics to cure the economic ills that hit the nation like a pandemic in the '70s.  

      "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

      by SueDe on Sun Apr 28, 2013 at 10:29:07 AM PDT

      [ Parent ]

      •  Exactly. The last 4 decades have been (1+ / 0-)
        Recommended by:
        SueDe

        an uninterrupted continuation of Reagan/Thatcherism. I guess that's what Obama meant about admiring Reagan: he left behind a lasting, distorted frame that has trivialized social and political discussion ever since. Unfortunately it now appears that Obama himself, much less the majority of elected Dems, can't quite go cold turkey on the poisonous  legacy that Reagan injected.

        •  "can't quite go cold turkey"? (0+ / 0-)

          What makes you think he even wants to quit at all?

          "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

          by bryduck on Mon Apr 29, 2013 at 08:58:44 AM PDT

          [ Parent ]

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