Friday, April 17, 2009

Don't Dismiss those Tea Parties

From Today's Papers:

The WP's Eugene Robinson writes that while it's way too easy to make fun of this week's "tea party" protesters, it would be a mistake to ignore them. It is certainly difficult to take the protesters seriously, particularly when a majority of the country seems willing to support Obama. But polls also show that people don't like the fact that so much government money is going to the banks, and Robinson says these poll numbers contain "a quiet warning." Once the economy begins to come back from the brink, Wall Street will be the first to show gains. But unemployment will remain high, meaning that the "mad-as-hell faction may thrive and multiply." This us vs. them narrative "is out there waiting to be exploited by anyone clever enough to fashion a sophisticated populist critique of the Obama administration's policies."

As I mentioned to one of your fellow students, I predict that some of the same people who made a killing making deals which came close to wrecking the economy will also make a killing when the economy rebounds. Imagine the tea parties then.