Thursday, October 27, 2011

Don't Bother Them With Facts

You didn't know, did you, that the Occupy Wall Street protesters are all spoiled brats.

Herman Cain knows. Asked by David Gregory about the "Wall Street protesters," Cain replied "What is their message? That's what's unclear. If that message is, "Let's punish the rich," I don't empathize with that message. They should be protesting the White House." Chatting with Piers Morgan, it was "Some of the population has been spoiled. I happen to think that those demonstrated on Wall Street are spoiled. They have been -- they are spoiled and manipulated because I happen to believe that there was a coordinated effort to create all of this chaos and all of this distraction to cover for the failed policies of the Obama administration."

Rush Limbaugh knows:

So Occupy Wall Street Now? Good. More of it! More chaos, more upheaval, more anger, more frustration. Because what's the Occupy Wall Street crowd doing? They're asking for more government, aren't they? They're not asking for more money returned to the private sector. They're not asking for more prosperity. They're asking for more government as the answer to their wants and needs. They're not looking to themselves. They're not looking at the country as people did in the past: A golden land of opportunity. Just the opposite.

As usual, Rush was 180 degrees from the truth- in fact, the protesters are angry precisely because they believe in America as the land of opportunity, one whose promises have not been kept, in part because of the powerful 1%. If power follows money, the power of that group is demonstrated by the findings (full report, here) of the Congressional Budget Office (two of their charts, via The Politics Blog), as it summarizes:

CBO finds that, between 1979 and 2007, income grew by:

  • 275 percent for the top 1 percent of households,
  • 65 percent for the next 19 percent,
  • Just under 40 percent for the next 60 percent, and
  • 18 percent for the bottom 20 percent.

The share of income going to higher-income households rose, while the share going to lower-income households fell.

  • The top fifth of the population saw a 10-percentage-point increase in their share of after-tax income.
  • Most of that growth went to the top 1 percent of the population.
  • All other groups saw their shares decline by 2 to 3 percentage points.

Still, the OWS thousands are, according to the guy who calls the President of the United States "this little boy, this little man-child president" who has been encouraged to "go gansta," are "all a bunch of spoiled, snot-nosed, leftist rich kids." Finally- a group of people Rush Limbaugh calls "rich" and does not idolize, probably because they had the nerve not to gamble away the world's economy.

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