First, the good news. Just below the surface, there’s an enormous political shift underway in America that’s going to sweep the far right reactionaries out of power – and put moderates and progressives back in control. The bad news is…all hell will likely break loose before this happens. Think about it – major political shifts in America have occured in reaction to major economic crises. The Stock Market Crash of 1929 and Great Depression put an end to ten years of free-market, corporate Republican rule in the 1920’s – and gave way to the New Deal Revolution and a huge political shift to the left. Similarly – several decades later – the economic crisis caused by problems in the Middle East and the oil embargo in the late 1970’s gave way to the Reagan Revolution – and massive political shift to the right.
Here we are today – again in the midst of another economic crisis and subsequent political shift. The financial meltdown of 2007 and 2008 swung the pendulum back to the Left – with Barack Obama winning the presidency – and Democrats gaining big majorities in the House and Senate. It was 1932 all over again. Yes – the 2010 midterm happened – and Congress snapped back to the Right. But that was an anomaly. It was fueled by racism – it was made possible by the Supreme Court’s Citizens United decision – and as we see today looking at polls and the failure of the Mitt Romney campaign – we probably won’t continue to swing hard right in 2012. Instead, over the next few years – the United States will move to the Left in response to three decades of failed Reaganomics and so-called “free trade” policies that crashed our economy – and because the Right continues to endorse these same policies today. And lawmakers in Washington are aware of what’s happening (24 September 2012).
Is Thom Hartmann being too optimistic or maybe on to something??? We should know by early November . . .