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From Left to Right - The mood of the Country

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illinoisprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-09-07 05:37 PM
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From Left to Right - The mood of the Country
I followed a link from a mainstream site to this commentary. I have no clue if it is a left or right writer or site but, I really don't care as I found this quite interesting regardless. It speaks about the mood of the country in this cycle and free trade and free markets. It is only a page long and I would urge people to follow the link to read the rest.
it has no ideological viewpoint and seems to be quite nonpartisan in it's argument.
But, let me stress that I have no clue as to what sort of site this was on as I did not check. I just liked the article.


Broadly speaking, the political mood of the public can be gauged in terms of its shifting calculation of risk and reward. If, as in the period from about 1980 to 2004, the promise of new rewards outweighs the fears of accompanying risk, the market-oriented Republicans will be the beneficiaries. But if, as in the period from 1932 to 1966, the fear of risk is more salient than the hope of enhanced rewards, the result will be movement away from free-market policies and towards the presumed protections of government regulation.

For all its benefits, globalization (and the accompanying issues of massive illegal immigration) has brought to an end the period that privileged risk over reward. The Republican Party seems unable to face up to this shift. Some of my GOP friends blame it all on Bush. They rail at the failings of the Bush administration with the kind of vitriol usually reserved for leftists. Others, taken aback by the plunge in Republican party identification, trot out consoling ploys along the lines of “You should have seen the other guy!” Take, for example, Congressman Tom Cole of Oklahoma. While he acknowledges the unpopularity of the GOP, after a wave of scandals, the setbacks in Iraq, etc., he also emphasizes the misfortunes of the Democrat-controlled Congress.

Cole sees the 2008 election as shaping up like the one in 1992, when incumbents of both parties had a hard time. It’s true that Congress as a whole has only a 29 percent approval rating, lower than that of President Bush. But the problem for the GOP is that, as Washington Post columnist David Broder notes, half of the voters blame Bush and the Republicans; only 25 percent place the onus on the Democrats.

Another excuse Republicans are likely to make is that America is still, largely, a center-Right country. That’s true—but the center has shifted towards the Left. On a range of key issues, from trade to health care to economic inequality, the number of Americans who share some classic Democratic concerns has risen, notes the Wall Street Journal. A recent Pew poll found that “Three-quarters of the population is worried about growing income inequality. Pew also showed that two-thirds of those polled favor government-funded health care for all.” At the same time, Pew reports that “Support for a government safety net for the poor is at its highest level since 1987.”

http://www.commentarymagazine.com/contentions/index.php/siegel/1042
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