"A word after a word after a word is power”

10.19.2006

What Democrats Fail to Say About the Economy

Jeff Madrick of the Schwartz Center for Economic Policy Analysis at The New School lays it out. Establishment democrats are working hard to avoid telling voters that, for the majority of Americans, the economy sucks.

"Despite the strong economic expansion, the gains have largely gone to business. The typical family's income after inflation is lower today than it was in 2000. And there's no denying that economic discontent is underlying some of the rising anti-Republican sentiment as we approach the elections. It is by no means all about Iraq. The recent NY Times/CBS News poll in Ohio is a pretty vivid example. Voter worries about the economy and jobs easily trump concerns about Iraq and terrorism.

"But, with the only exception the late 1990s, male workers in America have been blindsided by an economy that has not produced gains that would enable them to support a family--or their self-esteem, for that matter--for more than thirty years. Meantime, women didn't catch up. And this is a story--the hit taken by American men-- most Democrats don't tell or even understand. The rise of cultural and religious conflict is no surprise in such an undermining economic environment."


Check out the whole post here.

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