Wednesday, October 27, 2010

Where the TEA Party Wants to Take Us

I'm not a big Harold Meyerson fan but his column in today's Wash. Post is spot on! Meyerson correctly points out that TEA Party members are really confused. They are opposed to income redistribution, but somehow think all the income is being redistributed to those of lower incomes.

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.