http://www.washingtonmonthly.com/political-animal-a/2013_12/president_obama_and_paul_krugm048202.php
In his post, Krugman makes four important points:1) First, he says, the “sheer quantitative” impact of economic inequality has been extremely powerful. He notes that according to research by economists Thomas Piketty and Emmanuel Saez, since 2000, “the income of the bottom 90 is about 8 percent lower than it would have been if inequality had remained stable.”
2) Second, the economic downturn has been caused, in part, by economic inequality. He argues that:high saving by the 1 percent, with demand sustained only by rapidly rising debt further down the scale — and with this borrowing itself partly driven by inequality, which leads to expenditure cascades and so on.3) Third, there’s the political economy argument. Economic inequality has increased “the political power of the 1 percent.” This, Krugman observes, led to policy failures before and after the economic crisis — the deregulation and financialization of the economy, pre-, and austerity economics, post.4) Finally, he points out that the causes of skyrocketing economic inequality are still somewhat mysterious. And since, he argues, we don’t fully understand what policies are needed to reverse the trend, “it makes very good sense for progressives to focus much of their energy on the issue.”
the republicans say that Pres. is trying to create class warfare and divide us well for them to say that they admit there is a class problem they want it all nothing for anybody but them and their comrades. he can't create something that already exist one thing they did build themselves but still on our backs.
Koch's are now on top of trying to buy the gov't are trying to buy the Catholic church and all those gullible minds manipulated by the very people the Pope singled out. this is the time to win or lose we are getting a preview of what loss looks like.
The obstacles to those policy solutions are not technical, but political. Those political impediments are daunting: how do progressives build a successful movement for change?How do we get around the institutional features of the American political system that make change so difficult — like the high number of counter-majoritarian veto points (bicameral legislature, Senate filibuster, federalism, etc.)? Those are the challenges that keep progressives up at night — and will no doubt continue to do so for years to come.
sitting back and waiting for someone else to fix our future is potentially deadly, if we get indifferent again the wrong people will take charge and nov.5th 2014 and 16 is too late to go "aw crap". recognize
