By the Editorial Board | Posted: Thursday, October 13, 2011 12:00 am
... The problems the Occupiers have sort of identified really are far worse than they know ...
America has its own set of problems. Massive wealth inequality has converged with structural economic dislocation caused by globalization and digitalization. The result is an economy that doesn't offer much promise of a middle-class lifestyle.
A new report by two former Census Bureau officials says that median household income fell by 6.7 percent in the two years since the 2007-2008 recession officially ended. That's a steeper fall than during the recession itself.
Now add to that the deep cynicism about a corporatized political system that has been closed to anyone without thousands — even millions — of dollars to contribute to political campaigns. Stir in fears that the social safety net is under attack and disappointment that a Democratic president who campaigned on "Hope" and "Change" hasn't been able to deliver much of either ...
http://www.stltoday.com/news/opinion/columns/the-platform/article_2cf0ba6d-b380-5d43-9683-136aa1123563.html