Friday, January 10, 2014

"Let Them Eat Cake" Is Not a Good Election Year Slogan

Senator Kay Hagan, a North Carolina Democrat who is up for re-election, is admonishing Republicans back home as “irresponsible and cold-hearted” for slashing unemployment benefits. Senator Marco Rubio, Republican of Florida, says that her party’s thinking is “stale and old and doesn’t really address the magnitude of the problem.”

Poverty is suddenly the subject of bipartisan embrace.

President Obama will highlight income disparity in his State of the Union address this month, part of a broader effort by Democrats to push a populist theme for their midterm campaigns against Republicans.

  NYT
Things must be finally bad enough that both parties see an advantage in taking up poverty as an election year issue.

Hmmmm….
Pew Research Center reported in December that the 113th Congress (2013 to 2014) was the least productive Congress in its first year. Gallup reported in November that the 113th was the least popular Congress of all-time, with a 9 percent approval rating.

[...]

The most unproductive and least popular US Congress in history can count on another distinction: For the first time ever, most members of the Legislative Branch are millionaires.

[...]

Net worth for Republicans and Democrats went up 10.3 percent and 11.6 percent, respectively.

[...]

The Center for Responsive Politics found that investing in the stock market, after declining for several years with congressional members, is again on the rise

[...]

Financial powers like Bank of America and JPMorgan Chase, among others, make up most of the top 10 congressional investments.

  RT
...but hey, do what you want...you will anyway.

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