There is something truly odd about the wealthiest country no longer with the wealthiest middle class, and in which every major competitor’s middle class is converging with ours’ in standards of living. This is the real end of American exceptionalism, in which working hard in the middle class is like being on a treadmill rather than a track.
Or to put it in another way: nothing Obama is proposing does more than spit in the wind of the soaring inequality of the last three decades. He would not even begin to preside over a society as equal as when Ronald Reagan was president. He’s just trying to use government to nudge us back toward that sane, middle-class, democratic middle so essential to a functioning and health democracy.
Read article: In Which The Democrats Finally Get A Clue « The Dish.