Why do the Dolts so regularly cave? Well, because they don't have an alternative to fight for, so why not? If you have no ideas to follow, follow the money. If the Dolts had a plan to get out of Iraq, they would push it against this unpopular president instead of paving the way for him to humiliate them later. If they really thought government was good, they wouldn't leave Paul Krugman to make the case for health insurance for children all by himself. (Well a few Dolts are helping him - Kucinich in particular.) If they really thought value came from labor, blue- and white-collar alike, they would raise tax rates on the income of private equity kings to the rate paid by nurses and first-grade teachers, so that Steve Schwartzman's $300 million last year would be taxed at the 31% paid on the $30,000 earned by Rita Espinoza, instead of at less than half her rate. But the Dolts don't believe value comes from labor. They believe it comes from investors, and that power comes from the wealthy, and that their power depends on getting wealthy investors like the ones the Republicans have. (I use Larry Summers as an example of the Dem view in the comment below.) Don't be sad - nothing personal.
This blog is about how to keep the middle classes from committing unwitting suicide. A major source of prevention would be to drill it into the Doltish head that wealth comes from the whole society not the skimmers at the top. And that means relatively equal sharing of the money- not later charitable redistribution, but equity in initial earnings.
They understand this better in France, but racial segregation with huge guilty class component is chomping away at equality there too.
There was a good moment in the Warren Buffett attack on inverted tax rates in June.
To emphasize his point, Buffett offered $1 million to the audience member who could show that one of the nation's wealthiest individuals pays a higher tax rate than one of their subordinates.There were no takers. But I doubt any of the presidential Dolts will hire Buffet as their economic advisor.
"I'm willing to bet anyone in this room $1 million that those rates are less than the secretary has to pay," said Buffett.