On Morning Joe today, the show started with Mark Halperin and John Heilemannn discussing the President's job plan and the Republican candidates, plus the new report on poverty.
The interesting conservation centered around populism as it relates to the increase in poverty and lack of increase in worker pay while corporations are making record profits. There are at least two ways to look at this class divide. The Morning Joe crew discussed the viewpoint which posits large companies as generally responsible for the disparity in wealth. From my perspective the real problem is an interventionist government which has created a system which diverts the energy of corporations, or any company with the wherewithal to play the game, to the game of political advantage. In other words, companies, in order to compete, have to lobby government for favors, and the companies most favored who can give politicians the best support to stay in power win this political game.
This Merchant State political game is anti-economic, so it's no wonder the economy suffers from such a game. Solyndra is a recent, prime example of the political game between companies and government, and how capital is misdirected and the economy suffers. Both parties, if they want to show bipartisan harmony, ought to end all government welfare and separate government from the economy, but the game is too lucrative. We'll have to send enough representatives to DC to end the game -- this want be easy.
The current populist, political strategy of pitting wealthy producers against the middle class and poor and framing government as knights in shining armor fighting for the little guy is bogus -- more and more, the public is not falling for this myth -- thus the polls showing government about as popular as Michael Moore at a Tea Party rally.