dramatic decoupling between overall economic growth and the fortunes of the typical family

[phantom power]

just a reminder about what’s really dividing America: the fact that a rising tide no longer raises all boats. Remember what the CBO told us:



And there has been a dramatic decoupling between overall economic growth and the fortunes of the typical family:



It’s not an “attack on capitalism” to suggest that growing income disparities and the corresponding failure of most Americans to benefit from rising productivity are problems. Still, what can be done? Well, you can ask the rich to pay somewhat higher taxes, and you can strengthen the safety net — which is what Obama actually advocates. But Romney wants to do the reverse.

So Romney wants us to celebrate the success of people like him, even though their success doesn’t seem to have benefited ordinary families, and even though he stands for policies that would aggravate the gap between a fortunate few and everyone else. And then he accuses Obama of dividing America.

http://krugman.blogs.nytimes.com/2012/07/17/decoupled-and-divided/

[1StrongBlackMan]

1. Yes, Yes ...

So Romney wants us to celebrate the success of people like him, even though their success doesn’t seem to have benefited ordinary families, and even though he stands for policies that would aggravate the gap between a fortunate few and everyone else. And then he accuses Obama of dividing America.

And Yes.

[phantom power]

2. The Dems need to find their voice on the class war.

Ever since Reagan, when the GOP managed the trick of making "class war" a toxic topic, the "lesson" the Dems learned is to do everything to avoid talking about it.

The problem with that strategy was that there was an actual class war being waged, and pretending it wasn't happening only enabled the plutocrats who were waging it.