Comment and the most important news links

This page contains my comments and some of the most important news articles. The complete collection of selected news is available in the sub-page 2012 news articles

Posts below are shown in order of posting, but some general time-independent ones are:
- Why we can't help but watch the US elections

Friday, February 3, 2012

Why Mitt Romney is 'not concerned' about the poor

Given the recent (and ongoing) crisis of the western economic model, and the untold hardship for many, then I think wealth, and candidates attitudes to it, are an important topic for our times. It should be said that since Romney is under the spotlight at the moment, of course most articles will be about him, and I will try to seekout post and highlight any similar articles about the other candidates, and Obama.

It's not just that all politicians  are wealthy, it's what their worldview of wealth, and how it should be distributed that matters, since it will set the tone for how society progresses (and letting the market decide returns is just as much a mechanism of re-"distribution", a transfer of wealth from one bunch of people to another, as taxation is).

And several elements in the following article are (even if taken as they are here in isolation) I think particularly worrying about Romney (extracts below).

Why Mitt Romney is 'not concerned' about the poor
The Republican frontrunner rejects the politics of 'envy'. How convenient for the multimillionaire candidate of the 1%
http://www.guardian.co.uk/commentisfree/cifamerica/2012/feb/02/mitt-romney-not-concerned-about-poor

On the one hand he doesn't think the 'poor' are a group worth being focused on, despite this being an ever increasing section of US society, nor does he think there is anything wrong with siding with the 99% against the 1% who disproprotionately benefit from the current system, claiming, without any irony, that the mere thought of it is against the US ideal of 'one nation under God'. Maybe he means the '1% nation under God'.

Extracts : 
  • According to the most recent figures available from the US Census Bureau, 46.2 million people lived in poverty in 2010, 15.1% of the population, the largest number in the 52 years the poverty estimates have been published. 2010 marked the fourth consecutive annual increase in the number of people in poverty
  •  We will hear from the Democrat[ic] party the plight of the poor, and there's no question, it's not good being poor," he told CNN's Soledad O'Brien. "You could choose where to focus, you could focus on the rich, that's not my focus. You could focus on the very poor, that's not my focus. My focus is on middle-income Americans."
  • Romney, in his victory speech in New Hampshire, said:
"This country already has a leader who divides us with the bitter politics of envy. We must offer an alternative vision. I stand ready to lead us down a different path, where we are lifted up by our desire to succeed, not dragged down by a resentment of success … We are one nation under God."
"Did you suggest that anyone who questions the policies and practices of Wall Street and financial institutions, anyone who has questions about the distribution of wealth and power in this country, is envious? Is it about jealousy, or fairness?"
  • Romney doubled down, claiming:
"I think it's about envy. I think it's about class warfare. When you have a president encouraging the idea of dividing America based on the 99% versus 1% – and those people who have been most successful will be in the 1% … [it's] entirely inconsistent with the concept of one nation under God."

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