(Community Matters) This sounds like insightful perspective on the electorate
Some economists say the government should be spending more now to stimulate a recovery. Thirty-eight percent of Americans seem to agree with that. But 56 percent have said “government spending when the government is already running a deficit is the wrong approach during an economic downturn because it is only a temporary solution that increases long-term debt.”
These majorities are focused on the fundamentals. They say that repairing the economic moral fabric is the essential national task right now. They are suspicious of government action in general, saying that government often undermines this fabric. But they support specific federal policies that nurture industriousness, responsibility and delayed gratification, like spending on infrastructure, education and research. They distinguish between the deserving and undeserving rich*.
America went through a similar values restoration in the 1820s. Then, too, people sensed that the country had grown soft and decadent. Then, too, Americans rebalanced. They did it quietly and in private.
After listening to family and other moderates over the last week, I’m even more daunted by the task ahead.
* I’d like to know more about this “concept” of deserving and undeserving rich
