| By Keith - Jan 31st, 2007 at 12:18 pm EST |
| Also listed in: Campus Progress Blog |
From their blog, contentions:
...Although Republicans are loath to be candid on this point, a surging stock market really does disproportionately help the rich and the super-rich. The accompanying growth in income inequality is a big, ripe target for a John Edwards, a James Webb, a Barak Obama, and others who want to frame the next election around themes of rich versus poor.
For a Republican party that wants to attract the votes of Bill O'Reilly's "folks," extremes in income inequality aren't getting easier to defend. Private equity deals are now roaring through Asia, often enriching a relatively small handful of the American financial elite. Until Republican politicians know how to speak with confidence about globalization, capitalism, and wealth creation, Democratic calls to punish the rich can be made without fear of rebuttal.
One observation, one question to readers.
This shows how important the change in Congress has been. While these issues have been around, the spotlight Speaker Pelosi and Sen. Reid can place on these issues have changed our national dialogue.
But what do you think the conservative call to arms means? Does this signal the neo-conservative brain trust considering serious revamps to their economic mission (a la universal healthcare, lower costs for higher education to those in need, and finding the ever elusive, "fair trade" option)?
Or is it merely a call for conservatives to stick to talking points, take credit for the growing Wall Street profits and push out the voices of pessimism by accusing them of class-warfare?

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