Election 2010: Teabaggin' the Ds & Rs

[sebastian_dangerfield]

Originally Posted by Gattigap

Sebby,

What do you mean by class split? I assume you're referring to the middle and working class getting hosed economically, but am probably missing something.

The widening. It's turning into a canyon. And the number of people on the other side is way, way bigger than any of us think.

These people vote.

ETA: I see unemployment rising. There is no upswing in corporate hiring coming. This is the new new. No cycle. Companies may hire on the margins, but what we have is what we've got for the next 10 years. The Street is right - the stock market can decouple from the underlying economy. My fear is what happens when we have 40 million Americans un/underemployed? That's a political stew I'd rather not see, but will.