November 12, 2011
In Search of the Grand Unified Theory of Economic Policy
The Wall Street Journal reports (here) that:
(1) More than three-quarters of the country says the nation's economic structure is out of balance and favors a very small proportion of the rich over the rest of the country. They say America needs to reduce the power of major banks and corporations, as well as end tax breaks for the affluent and corporations. Sixty percent say they strongly agree with such sentiments.
(2) 53% of the country believes—and 33% believe strongly—that the national debt and the size of government must be cut significantly, that regulations on business should be pared back, and that taxes shouldn't be raised on anybody.
While the WSJ story is entitled "Poll Finds Voters Deeply Torn," there is nothing necessarily contradictory in these two sets of goals. So, if anyone is looking for a winning platform for the upcoming election ....
First...it's the WS Journal.
Second....numerous polls have resulted in 70-80% in-favor-of raising taxes on millionaires and better. So, the 53% number is doubtful.
Appearing contradictory isn't the issue....the question is: can those WSJ polls be trusted?
How do you "end tax breaks for the affluent" without raising the affluent's taxes?
And the only reason a majority of those polled think the national debt and size of government must be cut significantly.....is because they have been bombarded endlessly by rich Village media types for 2 straight years. These rich media propagandists shill for the rich and for powerful corporations. The WS Journal, by the way, is the prime shiller.
So, how would you expect a nation overwhelmed with corporate propaganda to respond?
Posted by: The Reverend | Nov 13, 2011 5:45:13 AM