Something weird is happening over at ShowMeProgress. The commentators are getting crazier and more strident in their progressive-populist rantings, and as they do so, the sand on which they build their arguments just isn't working anymore.
Check out this doozy by Sarah Jo, which alternates between an attempt to use a graph to show that rich people cause depressions and some batshit crazy commenting about corporations wanting to screw the middle class because that's how they get their jollies.
Corporations sitting on piles of cash are NOT creating new jobs or
hiring back their laid off employees. (Newsweek, Aug. 2, p. 26) The grim
truth is that they are waiting until after the November 2nd election
because they don't want President Obama and the Democrats to get credit
for improving the employment numbers.
I'm guessing that Sarah Jo doesn't actually know anyone like this - precisely because it's so insane that only a complete distance from the perceived target would allow someone to believe this. But this seems to be the arc of argument for SMP writers. They've gone from analysis to the gnashing of teeth and the rending of garments about just how good they are as people because they care about other people.
It's branding gone bad. What do you do when your political worldview is wrapped up in being a do-gooder, but you can't seem to do any good? You lose it.
Part of the problem is the folks at SMP aren't really the producers - they don't make payroll and hope for success. Like most progressive bloggers and many in academia (exquisitely laid out by VDH), they use their ideology as a crutch to explain their lack of financial success in a world that values it highly. Compare this to the tea party leadership that has sprung up around the nation and you'll see a stark difference. In St Louis, most of the people involved in organizing tea party events are married with children, and either run a small business or aim to some day. They're fun to be around. They're optimistic about their personal futures. Certainly this isn't everyone, but the desire to be independent, take risks, and search for success is evident, and it is an experience outside of politics. We want to hang out and associate with those who are trying to better themselves, which is why we have some many awesome immigrant stories in our ranks.
But none of us are the super rich. Heck, none of us are the rich. Some of us are downright poor, today, but we won't be tomorrow.
This confuses the Left. They're stuck calling us rich, like they think all Republicans are, but they're also tempted to call us poor and stupid, too dumb to know we're being used by corporate plutocrats.
In fact, that's the graph that Sarah Jo hyperventilates about. Some dude built a graph about the correlation between the wealth gap and depressions, and it explains, like, everything! But the Democrats losing by 11 points in the Senate race are too scared to tell the truth!
Sarah's argument, once you get past all the invective and sentences that need exclamation points but don't get them, is that tax cuts are bad, and that essentially, we need to raise the income tax rates back up to 90% to protect the middle class, because that worked so well in the 40's and 50's.
There's just one problem, and it isn't the difference between causation and correlation, and it isn't the difference between wages and income, and it isn't the fact that JFK was the first one to cut those crazy tax rates, figuring out that rich people were still avoiding taxes, even though income was taxed at 90% (hello AMT!).
No, the real problem is the difference between being super rich, and being rich. The rich want to cut income taxes. These tend to be people earning income who work impossibly long hours and risk everything so they can improve the world around them. Sure there are people who got trusts, or lucked into lotteries, or had a sports skill that got them paid millions, but many of those people go broke very, very fast. Having money and making money aren't the same things. If you have $2,000,000, you feel pretty good, but it's pretty easy to lose it all.
The super rich - those who have $30 million or more, tend not to have that concern. It's very hard to spend that much money, and while you want to preserve it for your family, it's a very long way to fall. You have a literal army of people to take care of those things for you, and that army is very good at getting favored status in investments, land deals, and hot stocks. And make no mistake, it is the super rich that Sarah Jo is ranting about.
It's clear the rich generally vote for Republicans and conservative Democrats, counting on them to be business friendly. But the super rich, they tend to vote for and support Democrats. They are insulated from the consequences of their decisions, and for many, income isn't the issue. This is why a Warren Buffet complains about only paying 15% while his secretary pays 25%. In Buffett's world, his decisions to use his tax accountants to pay himself in a way that minimizes his tax burden is the fault of the government, not a conscious choice on Buffett's part to work the system to his advantage.
Nothing is stopping Buffett from writing big fat checks for 90% of his wealth to the US Treasury, but he does not, because he knows that he can do a lot more with that wealth than the government can. Now Buffett has perhaps seen the light, but when Sarah Jo makes the argument, the argument is that the Wealth Gap caused the current economic crash, just like it caused the one in the 30's.
So, to bring this full-circle. Her problem is that the super rich, who she thinks of as evil Republicans, are actually evil Democrats, and the Obama administration is beholden to them. Talk about your full-blown progressive meltdown. The people writing checks to all those left wing websites and think tanks the progressives cite are the people they want to target? Thank God they are all in the reality-based community.