i’ve been trying to sort out how i feel about the whole “occupy wall street” movement… i don’t think it’s going to be that effective overall, but i can’t say i disagree with it entirely. it’s sending a message, and i love that as americans we are able to do that. some of it is disorganized, sure, and it seems a little random, but i don’t think it’s entirely wrong… but i hesitate to agree with it or support it really, too—there’s something about it that has been rubbing me the wrong way, kind of nagging at me, and i’ve been struggling to pinpoint exactly what that is. then i heard david brooks discuss his views on it on PBS. as usual, he summed it up far better than i can:
I’m skeptical. There are a couple of hundred people here and there. So I’m skeptical that they will have mass rallies to the extent, say, the Tea Party is on the right.
I think they do tap into a couple real issues. Student loans is talked about a lot. And you be able to declare bankruptcy from student loans. You should be able to get out of them under — and the second thing is Wall Street.
I think you don’t have to be a left-winger to be really angry at Wall Street. You don’t have to be a left-winger to think the Obama administration should have broken up those banks. They’re too big to manage, too big to understand, too big to fail, and they’re self-contradictory in the way they have to deal with themselves.
And so there’s a lot of legitimate hostility, which I think they do represent. The one part of the theme of many of the motifs of the protests which bug me is the motif that it’s 99 percent pure, 1 percent evil.
That’s not the problem with America. You can’t solve the fiscal — the debt problem by just taxing the 1 percent. You can’t fix Medicare by just taxing the 1 percent. You can’t fix any of our problems by saying, oh, it’s just that 1 percent.
The problem in problem after problem is a lot of us. It’s all of us. And so just saying, oh, it’s we’re pure and we’re virtuous, that evil 1 percent, that’s — it’s silly. It’s scapegoating. And that’s just a motif of theirs which is — it’s just a sideshow. David Brooks on PBS Newshour
On NPR Brooks made a similar statement, and I found its utterance poignant:
One of the core themes of the occupying movement is that it’s 99 percent who are honest and one percent who are wrong. Well, that’s just not true. If you want to know what the real problems with our economy is, too much spending, too much mortgages, unwillingness to raise taxes on people. It’s not just 99 versus one percent. The problem in spending is many middle class Americans… So you can’t just throw everything off on the top one percent. You know, we should be occupying ourselves…
Average personal debt was 43 percent of GDP 20 years ago. Now it’s over 130 percent of GDP. This was a problem that transcended – I agree with the Wall Street indictment – but this was transcendent and the idea that you can solve problems by ignoring the bottom 99 percent, just not possible. David Brooks on NPR (my added emphasis)
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