The Triumph of Hope Over Self-Interest

[Bradford DeLong]

>Bradford DeLong wrote:
>
>>>Michael Pollak wrote:
>>>
>>>>[A conservative explains]
>>>
>>>Ooops, sorry, hadn't noticed you'd done that already.
>>>
>>>Brooks may be a conservative, but I'm afraid he's mostly right 
>>>about this argument. That Time poll, which has 39% of Americans 
>>>either thinking they're in the top 1% or will be someday, is just 
>>>as revealing as Brooks claims. It uncovers a fundamental fantasy 
>>>about American life. Even though we've got the most unequal 
>>>distribution of income in the rich world, the highest poverty 
>>>levels, the greatest persistence of low-wage pay, and only 
>>>moderate levels of mobility - that all doesn't matter. Most 
>>>Americans just don't care. You could recite the facts over & over 
>>>and it won't make a dent in that fundamental fantasy. I'll be 
>>>damned if I can think what to do about it.
>>>
>>>Doug
>>
>>Despair?
>
>You got an antidote?
>
>Doug

No.

Brad DeLong