The nation appears to be moving left of center and the populace is more accepting of socialism. Recent polls indicate that about half the populace is just fine with wealth redistribution. These are the people who most likely are in lower paying jobs and have depended on the main stream media (MSM) to enlighten them on just how they are feeling about the economy. If we go back beyond the current maelstrom and look at the economy of say 2004, we would see very low unemployment (actually the definition of full employment), inflation under control, and a Gross Domestic Product moving along so well that many felt that it might overheat the economy. The MSM and the Democrats just kept telling the populace that they were hurting.
What moved the nation left in such a short time? Well the move has been percolating for some time; it just took some recent troubles and a Party in desperate need of achieving the White House to give it the shove it needed. This journey started many years ago. It started in our school systems and our universities. The ranks of the teachers union and our college instructors have become a magnet for those who do not produce a tangible product and have very social progressive beliefs – yes there are many very good teachers out there. You don’t believe me about the teachers union, well then why is the teachers union a major funder to block the California marriage amendment – what has this to do with furthering quality education. The union is making an ideology play. These ranks have become inhabited with secular progressives who hold the opinion and an ideology that what the person next to us does is of no concern to us. It is permissive ideology that eliminates accountability for one’s actions. It is an ideology that screams “It is not my fault that I have not succeeded – it is your fault”. The curriculum in our schools has spent precious little time teaching history and the various types of economies to our youth. We have not taught them that socialism has usually resulted in higher unemployment and a lower standard of living across the board for the populace.
Immediately after the presidential election of 2000, the Democrats, led by Howard Dean who is on the other end of the puppet strings held by George Soros, decreed that the Democratic Party would be in a perennial campaign for President, that the Party would fight the Republicans at every opportunity until the next presidential election. From that point forward the Democratic Party has been telling its faithful that they are hurting, suffering economic imbalance, and are owed more. When the 2001 attacks on the Trade Centers and the Pentagon threw this country into an economic tail spin, the Democrats told their faithful that it was the Republicans’ fault for the tail spin. When the country recovered from the downturn and started to boom, the Democrats told their faithful that they were hurting. Up until the beginning of this current recession, Democrats told their faithful that they were hurting. Democrats have used “big business or big oil” as a scapegoat for all Democratic Party caused scenarios – such as our failure to drill for our own oil or the mortgage crisis with the excesses of Fannie Mae and Freddie Mac.
The Democrats has help build the circumstances for the exodus of middle class jobs. Our Congress, both Republican and Democrat, and our Administration paid no attention to the exodus of middle class type jobs from our shores. Companies driven away by income and other taxes – higher here than elsewhere – moved jobs overseas to greener pastures. With those jobs went the middle class. These jobs were replaced by low end jobs, atypical of the middle class jobs our parents held. Under both the Democrats and Republicans, credit was used to artificially prop up our standard of living. Credit cards and credit card balances skyrocketed. Our leaders were happy to see the money supply expand and the economy grow through the use of credit purchases, including home equity credit lines used to either pay down credit cards, thus freeing up more purchasing power or providing cash for large purchases. This enormous expansion of credit artificially inflated the money supply and made the economy, sans good jobs, continue to grow.
Instead of addressing the root cause, the evaporation of good middle class jobs, our leaders, both Democratic and Republican, helped to push credit to non-credit worthy people – non-credit worthy strictly in a lending sense. They were not credit worthy mostly due to a culture that now fosters a lack of drive to be responsible that has been spreading in our country -“It’s not my fault – I am a victim”.
Between the MSM, Democratic Party, loss of good jobs, and blind Republicans we have wiped out the true middle class in America, taught our young that everything is owned them, convinced even those who are still doing well that they are hurting. Along comes the credit crisis and the collapse of the stock market sucking 401k’s into the vortex and you have the perfect incubator for socialism. Obama’s rise is testament to this change. We can only hope that our future experiment with socialism will be reversible and that no permanent damage will be done.
Viva la socialism!