In my last blog I talked about that today’s young people have grown
up in an age of supply side economics/voodoo economics/Austrian School
economics/laissez faire economics that came with the Presidency of Ronald
Reagan (1981-1989) who believed the government had too much influence in the
market system. Or in his words, “In this present crisis, government is not the
solution to our problem; government is the problem,” a quote that has been used
by conservatives ever since. And thus massive deregulation began, huge tax cuts
to the wealthy began and the slide of wealth to the top few of the country
began.
Thus college students faced with the problems caused by this back
sliding economic philosophy (in contrast to the New Deal and demand side,
Keynesian economics that drew up out of the Great Depression and put the
American Dream in place for the middle class and more, have little time to
think politically, they just want to get a job.
With some more thought I refigured the ages impacted by this
economics conservative thinking. When did you begin to become politically
aware? Some of us in high school began to get some inkling of politics,
generally parroting the values our parents taught us. Others, fortunate to go
to college and take a course in economics or listen to current speakers could
begin to compare the thinking of Ayn Rand and Keynes and began to develop a
more independent view of economics. If you put an average of 20 or 21 as a time
of coming of age in economic and political thought that shove the current time
for living in a world of laissez faire economics into ones 50’s or even more.
Of course, there are those, perhaps the majority who never
developed a conscious reasoned sense of politics and economics and just succumb
of current pontifications of newspaper and TV journalism. This seems to be a
common view of Europeans towards the voters of our country – that we are just
remarkably uninformed and uneducated about these matters.
Coupled with the above are those who did relatively well economically during the conservative age, and reflect the Republican motto, "I've got mine, screw you." And the spend their timed condemning a tiny fraction of the population that about social programs as thought that would fix anything. They conviently complain about Demcratic spenders forgetting the the real national debt increasers have been primarily Republicans not Democrats; only democratic Jimmy Carter raised the debt, all the rest since Reagan (who really raised it) were Republicans.
Again, where will the populist reformers of our times come? Who
knows, but I am not betting on the young but those who have been suffering the
results of voodoo economics for years and have studied enough to understand
where it came from despite the lobbying and propaganda of the moneyed power
brokers such as the Koch brothers.
The data is out there and I believe more and more understand it.
Thus we see leaders such as Tammy Baldwin and Elizabeth Warren in congress
speaking the plain truth about our age and commentators with world experience
and wisdom such as Robert Reich leading the away toward needed progressive
movements to benefit the middle and lower classes as it used to be when we had
a real two party system, democracy and not a plutocracy.
If you have not seen Robert Reich’s movie, “Inequality for All” please
try to do so. I have watched it, own it, and find it remarkably informing for
one and all.
No comments:
Post a Comment