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freak80
2012 Jul 20, 1:26am
The kicker:
"Finally, there’s the never-mentioned possibility: that the best-educated, most-affluent, most politically influential Americans like this result. They may wring their hands over inequality, but in everyday life they see segregation as a feature, not a bug. It keeps out fat people with bad taste. Paul Krugman may wax nostalgic about a childhood spent in the suburbs where plumbers and middle managers lived side by side. But I doubt that many of his fervent fans would really want to live there. If so, they might try Texas."
Bingo.
I've always suspected that wealthy liberals had contempt for average Americans. And we wonder why the New Deal Coalition is dead. And the top 0.1% is laughing all the way to the (bailed out) bank.
"What's the matter with Kansas?" Indeed!
tts
2012 Jul 22, 12:03am
the wealthy had contempt for average Americans
fixed this for you, agree with the rest though
freak80
2012 Jul 22, 1:25am
tts,
I called out rich "liberals" specifically since they are the most hypocritical, at least in my mind. That was the whole point of that article: well educated folks with "liberal" political views screwing-over their less well-to-do brethren. Specifically with environmental policies that hurt low-income people the most.
Many want the credit for "caring about the poor" but then do everything in their power to make them even poorer. And god forbid they actually live near the poor.
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"Over the past 30 years, the convergence [of incomes] has largely stopped. Incomes in the poorer states are no longer catching up to incomes in rich states...In a new working paper, Shoag and Peter Ganong, a doctoral student in economics at Harvard, offer an explanation: The key to convergence was never just mobile capital. It was also mobile labor. But the promise of a better life that once drew people of all backgrounds to rich places such as New York and California now applies only to an educated elite -- because rich places have made housing prohibitively expensive."
http://www.bloomberg.com/news/2012-07-19/how-the-elites-built-america-s-economic-wall.html
#housing