Plutocracy Now: What Wisconsin Is Really About

How screwing unions screws the entire middle class.

(Blog Post) In 2008, a liberal Democrat was elected president. Landslide votes gave Democrats huge congressional majorities. Eight years of war and scandal and George W. Bush had stigmatized the Republican Party almost beyond redemption. A global financial crisis had discredited the disciples of free-market fundamentalism, and Americans were ready for serious change.

Or so it seemed. But two years later, Wall Street is back to earning record profits, and ... Full Story »

Posted by Fabrice Florin - via David Corn, Scott Rosenberg

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Roland F. Hirsch
1.0
by Roland F. Hirsch - Feb. 28, 2011

This opinion piece has minimal journalistic merit. The author is uninformed about economics, and thus continually makes errors in what he writes. For example, no economist uses static data on incomes, they always use income mobility over time (usually the 10-year change data of the IRS) for evaluating income distributions. The results are the exact opposite of what the author of this piece proclaims. Then he states that "politicians don't care much about voters with moderate incomes", which is total nonsense, since the Republicans care very much about Tea Party voters, who exactly define moderate income voters today. The author should have done some reading before writing. It really does help!

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