Class War 2012: Why Both Parties Are Flying the Anti-Wall Street Banner

[joshcryer]

Class War 2012: Why Both Parties Are Flying the Anti-Wall Street Banner
The reasons for the matching strategies speak to a central shift that has occurred in the national electorate, and the Republican Party, since the 2008 economic collapse. Economic populism—the idea that the many have been fleeced by the rich few–is no longer just a Democratic argument, which can be used to attract blue collar independents in the Midwest. It now works deep in the Republican ranks, having been first adopted by the no-bailout, Washington corruption message of the Tea Party in 2009.

...

Those same trends have been seen nationally. In a December NBC/Wall Street Journal poll, voters were asked to respond to a statement that read, “The current economic structure of the country is out of balance and favors a very small proportion of the rich. America needs to reduce the power of major banks and corporations and demand greater accountability and transparency. The government should not provide financial aid to corporations and should not provide tax breaks to the rich.” Among Republican primary voters, 60% agreed, and 40% agreed strongly. The same proportions agreed among self-described Tea Party supporters. Among Independents, 79% agreed, and 62% agreed strongly.

A more recent Pew Poll found that 66% of Americans see a “very strong” or “strong” conflict in this country between the rich and poor. When asked by Pew if the wealthy pay their “fair share” in taxes, 38% of Republicans and 57% of independents say the answer is no.

...

Only three paragraphs because it's a fairly short article. It's fascinating though.

[AnOhioan]

1. Flying the banner to appease the masses. Not really planning on on actually doing anything.

[joshcryer]

2. Probably not the Republicans.

Obama has kept his promises though, when he can.