Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

How Democrats Can Become Relevant Again (And Rescue the Nation While They're At It) by Robert Reich

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Mira Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 04:45 AM
Original message
How Democrats Can Become Relevant Again (And Rescue the Nation While They're At It) by Robert Reich



We can't let the Republicans try to set the working middle class against itself.


March 3, 2011



Republicans offered Democrats two more weeks before the doomsday shut-down. Democrats countered with four. Republicans held their ground. Democrats agreed to two.
This is what passes for compromise in our nation's capital.


Democrats have become irrelevant. If they want to be relevant again they have to connect the dots: The explosion of income and wealth among America's super-rich, the dramatic drop in their tax rates, the consequential devastating budget squeezes in Washington and in state capitals, and the slashing of public services for the middle class and the poor.

It is not a complicated story. Begin with what's happened to the typical American, whose wages have been stagnant for thirty years. Today's typical 30-year-old male (if he has a job) is earning the same as a 30-year-old male earned three decades ago, adjusted for for inflation. (Although women are doing better than they did 30 years ago, their wages still trail men's.)

The bottom 90 percent of Americans now earn, on average, only about $280 more per year than they did thirty years ago. That's less than a 1 percent gain over more than a third of a century. Families are doing somewhat better but that's only because so many families now have to rely on two incomes.

But wait. The American economy is more than twice as large now as it was thirty years ago. So where did the money go? To the top.
The richest 1 percent's share of national has doubled -- from around 9 percent in 1977 to over 20 percent now. The richest one-tenth of 1 percent's share has tripled. The 150,000 households that comprise the top one-tenth of one percent now earn as much as the bottom 120 million put together.

Given this explosion of income at the top you might think our tax system would demand a larger share from them. But you'd be wrong. You're not taking account of the power of the super rich. As income and wealth have risen to the top, so has political power. As a result, their taxes have plummeted.


to finish reading Robert Reich's analysis go to

http://www.alternet.org/story/150124/how_democrats_can_become_relevant_again_%28and_rescue_the_nation_while_they%27re_at_it%29_?akid=6602.254620.JTORx9&rd=1&t=2




 
  
 
 
Printer Friendly | Permalink |  | Top
Citizen Worker Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 05:07 AM
Response to Original message
1. It has always been and always will be that money begets power and power begets money. The democrats
will never bite the hand that feeds them. We need a second political party and soon.
Printer Friendly | Permalink |  | Top
 
polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 05:36 AM
Response to Original message
2. No Kidding! If Dem "leaders" are just going to buy the fake Republican narrative...
They ARE irrelevant - and the sooner we can toss their sorry butts out of office, the better.
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 06:08 AM
Response to Original message
3. Robert is right.
The Democratic Party is becoming irrelevant.
Printer Friendly | Permalink |  | Top
 
Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 06:16 AM
Response to Original message
4. Good advice, but too late.
Almost all of Reich's recommendations in this article would have been achieved if Congressional Democrats and Obama had simply let the Bush tax cuts expire. But they were extended, and nothing is going to change that for at least the next two years.
Printer Friendly | Permalink |  | Top
 
mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 07:28 AM
Response to Original message
5. They can. But that is different than will.
I don't see it happening. They might win by the public trying something new. But I think the public is increasingly frustrated. The more they are frustrated, the less predictability there is.
Printer Friendly | Permalink |  | Top
 
rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 07:36 AM
Response to Original message
6. Irrelevant or complicit?
It's like the "lying or stupid?" question we ask of RepublicAss
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 30th 2024, 02:57 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC