Meyerson sets them straight:
The Tea Partyers are right to be wary of income redistribution, but if they had even the slightest openness to empiricism, they'd see that the redistribution of the past 30 years has all been upward -- radically upward.
We are far from moving towards socialism says Meyerson. In fact, he points out we've been on the road to "hyper-capitalism" over the last three decades. Income to the middle class has been pretty much flat-lined for the last 30 years, while income of the rich has soared.
So do the TEA partiers want to take us back to the 50's, 60's and 70's? Not so much. They are opposed to social security, medicare, and the minimum wage. They seem to want to take us back to the pre-FDR days.
3 comments:
We are in favor of socialism. Corporate socialism. Socialism for corporations. Reverse Robin Hood (stealing from the working class to give to the bankers, as with the Wall St. Bailout approved by a Democratic Congress). So they are right... but not in the way they intend.
Oops, I meant we are going in the direction of socialism...
Fascism should rightly be called Corporatism, as it is the merger of corporate and government power.
Benito Mussolini
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