In other words, it’s straightforward and quite stark: Republicans support big tax cuts for the wealthy because that’s what wealthy donors want. No doubt most of those donors have managed to convince themselves that what’s good for them is good for America. But at root it’s about rich people supporting politicians who will make them richer. Everything else is just rationalization.
And they're going to get over 60M people to vote for it next November. Unbelievable.
I'm kinda afraid of putting Bernie up against this next year.
To be a "socialist" requires seeing through decades and decades of right-wing bullshit / indoctrination.
Not many people here have that perspective, 20% or so -- the reactionary tea party types("Guns, God, teh Gays") certainly outnumber the true left in this country.
As for Boehner, stunning that a mainstream political party is tearing itself apart like this.
They've got narrow majorities in the House, Senate, SCOTUS, and much of the judiciary.
Conservatives are 30-40% of the population. Just because they can take over the GOP and much of the periphery surrounding government (think tanks like AEI, Heritage, lobby groups like US Chamber of Commerce, Federalist Society, ALEC, media outlets like Fox & EIB, etc etc) -- doesn't mean they can take over the country like their Nazi counterparts did in Germany.
They're going to find this out the hard way I guess.
Then again, my understanding of electorates is that they are pretty slow on the take-up of what's really been going on, and as Lincoln said you can fool some of the people all of the time.
The blithely ignorant average media consumer is going to be exposed to a media mix in the political realm that is 40% outright conservative (Fox), 40% pro-corporate conservative (CNN), 10-20% center-left (the few leftish media shows here and there).
Progressives are a smaller bloc than conservatives so we're both fighting for the minds, such as they are, of the muddled middle.
Japan's progressive movement has been utterly beat down by the resilience and institutional power of their systemic conservative apparat, what van Wolferen called "The System" in his "The Enigma of Japanese Power".
Our "System" requires the voters to show up at the polls only every 4 years, if that. Less voting the better for the right wing, as the only power poor people can have in our society is at the ballot box. Wall that off and the rich are perfectly safe here.
Yup, and it's important to understand HOW the rich are pulling money out of the backs of the working quintiles aka paycheck economy.
Real Estate? Trillions in an asymmetric flow from sucker rent-slave (and let's not forget the small business owner needing retail space is also one of these) to an entitled owner.
Health Care? Twice the profit margin on the health goods and services provided vs. the rest of the world. Maybe a trillion being pulled out of the paycheck economy, all those dentists with their investment clubs is an indication of the imbalance.
Corporate profits in general is close to $1.8T/yr, that's money that could have gone into paychecks but sure as hell isn't now.
Even Piketty didn't analyze these flows all this well AFAIK.
y/o/y inventory increase and not decrease for those cities.
there can be an increase, but it's not going to be enough to meet pent-up demand.
and that's before we get everyone leaving BK/default jail starting around now, or the fact that the top half of Gen Y is age 25-34 next year, while the boomers are still in their houses, with the median boomer at age 61, still a year away from early SSA retirement.
Wish I could dig up my old analysis of the market, I had one with 4 - 5 different cases.
Didn't foresee the case of low overall inflation ($3 gas! In 2006 I thought it'd be $6 by now!) low interest rate environment, long-term ZIRP, yet a rock-solid economy (for the top 2 quintiles at least).
Don't know how much of the boom is just social media work, but damn if that didn't exist 10 years ago. Google was barely on anyone's radar then. Well, it had risen 4X over its IPO, not too shabby.
People are free to form new parties, but that is a losing battle, it's much more effective to just change the policy platform of an existing major party that already has major mindshare and power centers.
That's what happened to the GOP, 1964-1994, they went from centrist to the far-right of Gingrich and Rove, picking up the racist south and midwest, plus the 'family values' idiots who were Democrat stalwarts prior to the Nixon/Reagan transition.
People here who have the beginning of a semblance of a clue are maybe 5% of the population. People who think they understand great Inner Party truths but in reality are just walking examples of the Dunning-Kruger effect are around 60%. The remaining 1/3 are the muddled middle too busy or ground down by the ratrace we call an economy to care one way or the other.
The nordic eurosocialist utopias have some pretty deep imbalances and idiocies, but what % of the country here even gets exposed to the barest of facts about them, or Germany, UK, Canada and Australia's socio-economic situation and recent socio-economic lessons? 1%. Probably not.
Everybody here is mentally confined into very small ideological and historical fenced pens, where the gamut of opinion runs from MSNBC to FOX, or America Now! and rightwing talk radio if you're really adventurous.
An idiot electorate is a manipulated electorate. And we're so, so idiotic.
this is what Trump is on about vis-a-vis China and Mexico
Actually, here's the top 10 deficits for 1H15:
1 China -$31.5B on $226B imported
2 Germany -6.4 on $60B
3 Mexico -6.1 on $145B
4 Japan -5.2 on $65B
5 Vietnam -3.0 on $18B
6 Korea, South -2.5 on $37B
7 Canada -2.5 on $150B
8 Italy -2.4 on $22B
9 Ireland -2.4 on $19B
10 France -1.7 on $23B