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View Diary: Abbreviated Pundit Round-up: Sense and Sensibility (69 comments)

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  •  In Robert Reich's documentary (15+ / 0-)

    Inequality For All (which is available on Netflix)  he compares the last historic income inequality of 1928 with the present (see graph here).  Close to the end of the documentary he pointed out an almost identical political polarization during the same historical span.  Here's what he said:

    There does seem to be a correlation between a political polarization and widening economic inequality.  Researchers measured the distance between the median voting patters of one party and the other party and what they found is that in the times of the highest degree of polarization it almost tracks exactly.  (Please see this graph that he used in the film).  
    He then goes on to point out how connected the issue of inequality is to our democracy and what happens when the ultimate guardians of our democracy fail us, i.e. when Congress and the Executive branch fail us then it is left to the Supreme Court.  Cue Corporations are People...

    I was naively unaware of the political polarization tracking in lock step with the tax cuts on the wealthy.  I believed that much of the divide was created by Rush Limbaugh style talk radio, and it does play a big part.  However, I believe more strongly in historical patterns.

    This is what I hope is the end result (gad, I hope it doesn't get worse) of the disastrous tax cuts put in place by the patron saint of the GOP, Ronald Reagan

    As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. John F. Kennedy

    by JaxDem on Thu Jun 19, 2014 at 05:21:59 AM PDT

    [ Parent ]

    •  Actually I still believe that the Supreme court (3+ / 0-)
      Recommended by:
      JaxDem, Amber6541, patbahn

      will fix the situation in the very long run, by curbing the money and restricting what can be done through gerrymandering congressional districts. It will take years, but the effect of income inequality paired with unlimited political spending has created a situation where the GOP is way too strongly ID'd with the rich for a majority of voters.

      They can't win a presidential election until they fix that, and presidential elections determine the future makeup of the courts.

      You will not be punished for your anger. You will be punished by your anger.

      by mstep on Thu Jun 19, 2014 at 05:44:15 AM PDT

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      •  SCOTUS? (3+ / 0-)
        Recommended by:
        Ohkwai, JaxDem, Amber6541

        The ones who think money is speech are going to fix gerrymandering and start curbing the money?
        Don't hold your breath.

        If trees gave off WIFi signals, we would probably plant so many trees, we would save the planet. Too bad they only produce the oxygen we breathe.

        by skohayes on Thu Jun 19, 2014 at 06:32:42 AM PDT

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        •  No. (1+ / 0-)
          Recommended by:
          Amber6541

          It will be a different Supreme court 5-10 years from now. Like you said, don't hold your breath.

          You will not be punished for your anger. You will be punished by your anger.

          by mstep on Thu Jun 19, 2014 at 07:47:31 AM PDT

          [ Parent ]

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