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Polarized economy, polarized politics
Sunday, September 18th, 2011
Sep 17 2011
Years of grinding away at middle-class lifestyles, and years of accumulating debt to try to maintain those lifestyles, have taken their toll on the core optimism and hope that characterized the middle-class outlook and informed its political judgments. Few people now believe their children will lead better lives than they have, in a complete reversal from the ethic that built this country… fear has become a much stronger motivator than hope. The polarization of economic outcomes will lead to a polarization of political choice. From “a rising tide will lift all boats,” we are moving to a zero-sum game.
Tags: economy, ideology, standard of living
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