
Good Morning!!
What is the American Dream? Is it prosperity for everyone? Is it access to nature and a clean environment? Is it a good job, a house, a family? Is it a good education and the chance to be upwardly mobile? Is it a better future for your children and grandchildren? Is whatever it once was dead? Is it even worth talking about?
This morning there’s a Washington Post op-ed in which Elizabeth Warren and Bill de Blasio describe their vision of “How to revive the American Dream.”
In this land of big dreams, there was never a dream bigger or more important than the one so deeply rooted in our values that it became known as the American Dream. Across generations, Americans shared the belief that hard work would bring opportunity and a better life. America wasn’t perfect, but we invested in our kids and put in place policies to build a strong middle class.
We don’t do that anymore, and the result is clear: The rich get richer, while everyone else falls behind. The game is rigged, and the people who rigged it want it to stay that way. They claim that if we act to improve the economic well-being of hard-working Americans — whether by increasing the minimum wage, reining in lawbreakers on Wall Street or doing practically anything else — we will threaten economic growth.
They are wrong.
That thinking is backward. A growing body of research — including work done by Nobel Prize-winning economist Joseph Stiglitz and the Roosevelt Institute — shows clearly that an increasing disparity between rich and poor, cronyism and an economic system that works only for those at the top are bad for the middle class and bad for our economy.
Warren and de Blasio are correct that the dream went terribly wrong after Ronald Reagan became president.
When the economy works for everyone, consumers have money to spend at businesses, and when businesses have more customers, they build more factories, hire more workers and sell more products — and the economy grows. For decades, our economy was built around this core understanding. We made big investments in the things that would create opportunities for everyone: public schools and universities; roads and bridges and power grids; research that spurred new industries, technologies — and jobs — here in the United States. We supported strong unions that pushed for better wages and working conditions, seeing those unions improve lives both for their members and for workers everywhere.
And it worked. From the 1930s to the late 1970s, as gross domestic product went up, wages increased more or less across the board. As the economic pie got bigger, pretty much everyone was getting a little more. That was how the United States built a great middle class.
Then in the early 1980s, a new theory swept the country. Its disciples claimed that if government policies took care of the rich and powerful, wealth would trickle down for everyone else. Trickle-down believers cut taxes sharply for those at the top and pushed for “deregulation” that hobbled the cops on Wall Street and let the most powerful corporations far too often do as they pleased.
All very true. But how do we return to fairness and prosperity for everyone, not just the wealthy few? Warren and de Blasio offer a familiar list of government policies that could turn things around–read them at the link–but they don’t explain how to accomplish these goals in the age of Citizens United, a Republican-controlled congress, and a Supreme Court that favors the rights of corporations over those of individuals. How do we get past the hopelessness and inertia and get Americans to get out and vote for candidates who will stand up for the bottom 99%? How do we even find those candidates?
Don’t get me wrong. I’m basically an optimist and I always have hope for change. But how do we get there from here?
I do think there are some positives signs.
Hillary Clinton is beginning to convince some folks that she’s really a separate person from her husband–a more liberal candidate than he was in the 1990s. In fact Bill Clinton might be more liberal now too. Despite what the Villagers preach, people can change and grow and develop new ideas an opinions. Imagine that Chris Cillizza!
One journalist who seems to be catching on is Charles Pierce. Here’s what he had to say yesterday: One Of These Is Not Like The Others: Two Clintons, No Waiting.






Comments
24 responses to “Thursday Reads: The American Dream”
Meanwhile, in Congress . . . . Republicans pass an insane “budget.”
AP, via ABC News:
Analysis: Republican Budget Claims Don’t Add Up
I usually don’t care for Radley Balko’s work, but this is interesting.
This isn’t 1968. Baltimore isn’t Watts. And Hillary Clinton isn’t Michael Dukakis.
Side comment: Why won’t Richard Cohen retire?
Balko is a Reason style libertarian, but he good on criminal justice.
Really great post this morning………I’m dreaming of a better tomorrow, we now have camera’s everywhere, showing us just how real America is. Yet these peoples life needs have been ignored for too long. Instead of standing up for changes, with these young people on the mean streets, on the reservations, in rural America, we are locking the doors, slamming them shut, and turning on the camera, in order to protect ourselves. We need to take part, not shut doors.
Every now and then I watch Morning Snot, and was he ever going after Hillary, and her shadow, Bill. It wasn’t pretty to watch, but the attacks on her is much like it was in 2008. Just a dirty snot nose Joe. Thank God, we can see what’s happening, and speaking out, and by the way Charlie is the MAN, he makes my heart rush, he knows she is experienced (ready for job), and need not be compared to Bill.
We should never close the dream off, doing so would mean failure for our babies and children, here and everywhere around this world.
Have a good day Sky Dancers!
Great post BB! The American Dream editorial reads just like Obama’s State of the Union speeches. If there was any new ground to be trod, they didn’t do it. While I like the list in the editorial, I’ve heard that same list in election after election. While I’m sure the pro-left will be swooning over it, if you want to excite me, tell me how you’re gonna get them accomplished.
I saw this study yesterday. It explains a lot.
http://www.demos.org/press-release/new-demos-report-shows-state-disinvestment-public-higher-education-driving-tuition-inc
This is the punchline:
From your viewpoint, and mine, I’m sure no report was required to drive that point home.
Yup. I live it. But, I hope it gets some attention. I believe this is what folks like the Koch’s want. Their enemies are thinking, well-informed people. Plus, if they provide endowments, they can force curriculum like at FSU. Voodoo economics is taught there.
In Texas it was one of the ways the state government used to keep taxes, supposedly, low while not enough people noticed the large cuts to the higher education budget. Large amounts of state oil revenue go into the PUF (Public University Fund), which is protected by the constitution. If not for that constitutional protection, it would have been robbed long ago. Now it just gathers money and management of it is parsed out to cronies for the fees. The Texas state legislature takes a back seat to nobody for being shameless bastards.
We’ve been living it for the past four years. The cost of an education at a public university is ridiculous. Seriously, it’s getting to the point that it’s almost a misnomer to call them public universities anymore since most of their financing comes from the private sector.
No surprise. Here in Washington state this has been going on for years. From a 2012 editorial in the Seattle Times:
And despite corporate-backed politicians who whine about wasted public money,
link for above article
http://www.seattletimes.com/opinion/washington-states-broken-model-for-higher-education-funding/
Even Chris Cillizza is forced to admit that Hillary doesn’t have a problem with any “actual voters”. The polling data all say the same thing.
WaPo: Debunking Hillary Clinton’s liberal ‘problem’
http://www.huffingtonpost.com/2015/05/05/americans-gay-candidate-evangelical-_n_7216448.html?utm_hp_ref=gay-voices&ir=Gay+Voices
WSJ/NBC show Americans feel better about a GLBT president than an evangelical christian
Well, the boys lost yesterday, so that is it. They played well. I haven’t had a chance to read the post yet BB, but this afternoon Bebe was telling me about how the admin sexualizes the girls at her school…regarding the girls dress code. I want her to write something about it…if I can get her to, I will see if she will do a comment.
What a fantastic idea!
Tell her we would love to read what she has to say!
What she said!
Maliq Hunsberger wrote this story about his life. I think he is out to change the world and the lens in which racism is seen. He’s been classified by society that surrounds him, yet in his mind, is the place of who he really is, and he has a very good grasp on myself.
I really like him, hope he is off and writing, cause he does it well, he gives of himself to others, and verbalizes those feeling very well.
https://medium.com/the-secret-history-of-america/the-blue-eyes-of-a-black-nationalist-a04ef17e394e
Astute and well-written and -referenced post today, BB! Sorry I had work commitments and couldn’t comment until late.
Thanks, Luna!
BB, I love this post; it’s chock full of solid info, thanks!
Thanks, Joanelle!