Spread the wealth around!

Spread the wealth around!

Observationalism
October 17, 2008

Summary:

McCain laid into Obama's line about "spreading the wealth around," which he wants you to see, Daniel Nichanian notes, as "code words for socialism".

Considering the state of the economy, his warnings may not resonate with voters. As Ezra Klein adds, “Median wages have stagnated for a decade … For most folks, spreading the wealth around probably seems like a good idea.”

They do, however, play right into media preconceptions. The pundit class lives in a prosperous bubble of its own, which has skewed its perspective on typical standards of living. (Post includes a Fox News clip with a sobering illustration of this.)

These news professionals determine in what terms voters hear of socio-economic proposals, so their elite perspective constitutes a real obstacle for progressive economic politics.

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