If you listen to conservative talkers and bloggers, you would think that Americans everywhere would be joyous with their share of the expanding economic pie--and they'd be demanding more and more conservative economic policies.
Southern California conservative blogger Kevin Korenthal (aka SoCalPundit) is representative when in The Big Economy That Could he wrote:
It would seem that the American economy is stronger today than it has ever been. That has got to be a supreme disappointment for Osama bin Laden whose 9/11 attack was partly directed at derailing America’s thriving capitalist economy. Now, despite prognostications that gas prices and a housing market slow down would depress the economy, we seem to be in better shape then ever.But in a new Gallup Poll issued today, 70% of Americans believe the economy is getting worse -- the most negative reading in nearly six years.
How could it be? Are most Americans simply wrong?
What's clear is that the conservative talking heads endlessly bragging about the great economy simply aren't typical Americans. Simply put: they're rich--very rich, and all of their friends are very rich, too. These are the very lot--and a relatively small one at that--which have been the primary beneficiaries of current economic policies.
On the other hand, most Americans (70% according to the survey) are deeply concerned about their current and future financial circumstances.
So while large businesses report record profits, average Americans find themselves paying more for everything. And to make matters worse, while jobs are being produced at record levels, Americans increasingly find it difficult to find jobs with decent salaries.
Under the current policies, the rich are getting richer without any extra effort, risk or investment, while most Americans pay for that accumulation of wealth through runaway prices and reduced salaries and benefits.
This new reality probably explains why conservatives and their propaganda pieces are using every device possible to keep people in-line. You have to wonder why, for example, the free-market right has all of a sudden gone loony on immigration? Maybe they're not as loony as they seem?
Could the trumped up hysteria over immigration be yet another example of Wag the Dog?