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Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
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 Posted: Fri Jun 15, 2007 12:13 am Post subject: Americans Unready to Revolt, Despite Revolting Conditions |
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The latest NBC/Wall Street Journal national poll results vividly show a population incredibly dissatisfied with their nation's political system. In other countries in other times such a depressing level of confidence in government would send a signal to those running the government that a major upheaval is imminent. But not here in the USA. Why?
First, here are the highlights of the poll that surveyed 1,008 adults from June 8-11, with a margin of error of plus-minus 3.1 percentage points.
A whopping 68 percent think the country is on the wrong track. Just 19 percent believe the country is headed in the right direction - the lowest number on that question in nearly 15 years. And most of those with the positive view are probably in the Upper Class.
Bush's approval rating is at just 29 percent, his lowest mark ever in the survey. Only 62 percent of Republicans approve, versus 32 percent who disapprove. Take Republicans out of the picture and a fifth or less of Americans have a positive view of Bush.
Even worse, only 23 percent approve of the job that Congress is doing. So much for that wonderful new Democratic control of Congress. Bipartisan incompetence is alive and well.
On the economic front, nearly twice as many people think the U.S. is more hurt than helped by the global economy (48 to 25 percent) . Globalization does not spread wealth; it channels it to the wealthy, making billionaires out of millionaires.
I have long asserted that Americans live in a delusional democracy with delusional prosperity and these and loads of other data support this view. There is a super wealthy and politically powerful Upper Class that is literally raping the nation. Meanwhile, the huge Lower Class continues to lose economic ground while their elected representatives sell them out to benefit the Upper Class. Yet no rational person thinks that a large fraction of the population is ready to rise up in revolt against the evil status quo political-economic system that so clearly is not serving the interests of the overwhelming majority of Americans. Why not?
http://www.marketoracle.co.uk/Article1269.html |
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