European Tribune

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The Robert Wade piece is especially telling...

You can't be me, I'm taken
by Sven Triloqvist on Fri Feb 22nd, 2008 at 01:58:03 PM EST
Right

We can expect a sharp increase in class-based political tensions as not just the bottom 25% but also wealthier middle-class households who were relying on rising house and stock market prices to provide them with an "alternative welfare state" (and were therefore happy to see the public welfare state shrivel in response to applauded tax cuts) try to engineer income redistribution to themselves.

I love this Wade quote. I always wondered why so many people were voting for those $$$holes, era republicans.

I can swear there ain't no heaven but I pray there ain't no hell. _ Blood Sweat & Tears

by Gringo (stargazing camel at aoldotcom) on Sat Feb 23rd, 2008 at 02:05:51 PM EST
[ Parent ]
... in the US at least is at their level or higher, they face blood from a stone problems if they try to redistribute income up from the working class. The income that is straightforward to redistribute from the working class ... for example, by holding wages stagnant and appropriating all gains from productivity as profit ... is already being taken.

Utsukushikereba sore de ii
by BruceMcF (agila61 at netscape dot net) on Sat Feb 23rd, 2008 at 04:54:09 PM EST
[ Parent ]

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