Progressive Populism on the Rise

I have written a bit on what I call "progressive populism" -- the trend we have seen in the country that, like its conservative cousin, comes from a deeply seated anti-elite and anti-establishment sentiment, but which is unique in that its manifestations are less anti-government than opposed to powerful interests. As seen in Oregon earlier this year, this trend led to the first income tax increase approved by voters in 80 years, one directed at the wealthy and at corporations. Now word comes from SurveyUSA, via Swing State Project, that voters in Washington are exhibiting the same kind of progressive populism in a strong way:

A proposed initiative would create an income tax in Washington state on people making $200,000 per year and on couples making twice that. It would also cut the state's portion of the property tax by 20%, and end the business and occupation tax for small businesses. Do you support? Or do you oppose? This proposed initiative?

Support: 66 percent
Oppose: 27 percent

This measure, which would increase revenue while not raising taxes on the middle class, earns strong support across the board from the Washington electorate -- not only from Democrats (75 percent of whom support the initiative) but also from Independents (63 percent support) and even Republicans (57 percent support). Remarkably, the initiative draws support even from self-described Conservatives, who support the measure by a 50 percent to 45 percent margin.

I have said it before -- including in the halls of the West Wing: Progressive populism works. If the Democrats hope to be tap into some of the clear unhappiness of the electorate, rather than letting that discontent sweep them out of office, they would be well served to read these numbers and learn that while voters are definitively in an anti-establishment mood, they are not necessarily in an anti-government one, and, what's more, their unease about the current economic climate might actually compel progressive, rather than conservative, change if framed effectively.

My Take on Yesterday's White House Progressive Roundtable on the Economy

Yesterday, the White House invited a group of nine progressive bloggers, journalists and radio hosts to the West Wing for an on-the-record session with Jared Bernstein, chief economist to Vice President Joe Biden and a leader in the implementation of the stimulus, on the one-year anniversary of the Recovery Act.


Click image to enlarge

From left to right: Jonathan Singer of MyDD, Duncan Black of Eschaton, Oliver Willis of OliverWillis.com, Chris Hayes of The Nation, unknown administration staffer, Thom Hartmann of the Thom Hartmann Show, Matthew Yglesias of Think Progress, Erin from BlogHer, Tim Fernholz of the American Prospect, White House economist Jared Bernstein. Not pictured, John Aravosis of AmericaBlog. (Photo credit: John Aravosis)

The basic thrust of the event was to present a case for the efficacy of the Recovery Act as a part of the broader effort to convince the American people that the administration's efforts to restore the economy have been successful. To this end, Bernstein provided some stark numbers: While the economy had been contracting at an annualized rate of about 6%, last quarter saw GDP growth of nearly that amount (while conceding that this number isn't necessarily believed to be sustainable in the long term); and that while the economy was once losing 700,000 jobs per month, job losses have been nearly staved off, falling to just 20,000 per month over the past quarter.

The Recovery Act, Bernstein explained, was not only about bringing the economy away from the precipice, but was also about making meaningful investments to prepare the economy for the future. While year one was about bringing the economy off the brink, year two was about expansion (and specifically a type of expansion that ensures the middle class reaps benefits). This latter effort is focused on planting the seed money for priorities such as clean energy, a smart grid, health IT, universal broadband access and high speed rail -- just as earlier economic revolutions sparked by the development of the internet and a nation-wide rail system a century before that required government investment to leverage private capital, so too do the engines of future economic growth need private-public cooperation.

During the question-and-answer period, I asked Bernstein a question related to a series of posts I wrote here at MyDD that had gotten some traction in the Beltway press: Specifically the notion that progressive populism is beneficial on both a policy and political level. Bernstein responded first on the policy level, explaining that the administration was focused on addressing issues of income inequality -- which is now approaching levels unseen since 1928 -- ensuring that the middle class reaps any benefits from economic growth. On the political level, Bernstein was less receptive, saying that there's a difference between rhetoric and policy, while also noting that the President has expressed indignation. When I followed up by pointing to a quote from President Obama as to the effect that he "[does not] begrudge" the multi-million dollar compensation being received by some on Wall Street -- a quote I agreed that did not necessarily sum up all of the President's views, even if that's the way it was perceived by some -- Berstein sought to clarify that what the President was trying to say was that he, like other Americans, believes that people deserve to be compensated for their hard work. Pivoting again to policy rather than language, Berstein stressed the importance of restoring balance to the tax system, helping create better jobs, working to ensure that unions are able to organize fairly (though the Employee Free Choice Act), focusing on the middle class (he mentioned increased child tax credits, as well as tax credits for paying off college debts, paying for elder care, and other provisions), and, more broadly, reconnecting economic growth with the middle class.

I may write up some more thoughts on the meeting later today or tomorrow (I still have a good deal of notes from the pen-and-pad session, but I have to run to class now). But if you're itching to read more now, you can read others' accounts of the meeting from AmericaBlog, Eschaton, Tapped, Matt Yglesias, Matt Yglesias, and Oliver Willis.

My Take on Yesterday's White House Progressive Roundtable on the Economy

Yesterday, the White House invited a group of nine progressive bloggers, journalists and radio hosts to the West Wing for an on-the-record session with Jared Bernstein, chief economist to Vice President Joe Biden and a leader in the implementation of the stimulus, on the one-year anniversary of the Recovery Act.


Click image to enlarge

From left to right: Jonathan Singer of MyDD, Duncan Black of Eschaton, Oliver Willis of OliverWillis.com, Chris Hayes of The Nation, unknown administration staffer, Thom Hartmann of the Thom Hartmann Show, Matthew Yglesias of Think Progress, Erin from BlogHer, Tim Fernholz of the American Prospect, White House economist Jared Bernstein. Not pictured, John Aravosis of AmericaBlog. (Photo credit: John Aravosis)

The basic thrust of the event was to present a case for the efficacy of the Recovery Act as a part of the broader effort to convince the American people that the administration's efforts to restore the economy have been successful. To this end, Bernstein provided some stark numbers: While the economy had been contracting at an annualized rate of about 6%, last quarter saw GDP growth of nearly that amount (while conceding that this number isn't necessarily believed to be sustainable in the long term); and that while the economy was once losing 700,000 jobs per month, job losses have been nearly staved off, falling to just 20,000 per month over the past quarter.

The Recovery Act, Bernstein explained, was not only about bringing the economy away from the precipice, but was also about making meaningful investments to prepare the economy for the future. While year one was about bringing the economy off the brink, year two was about expansion (and specifically a type of expansion that ensures the middle class reaps benefits). This latter effort is focused on planting the seed money for priorities such as clean energy, a smart grid, health IT, universal broadband access and high speed rail -- just as earlier economic revolutions sparked by the development of the internet and a nation-wide rail system a century before that required government investment to leverage private capital, so too do the engines of future economic growth need private-public cooperation.

During the question-and-answer period, I asked Bernstein a question related to a series of posts I wrote here at MyDD that had gotten some traction in the Beltway press: Specifically the notion that progressive populism is beneficial on both a policy and political level. Bernstein responded first on the policy level, explaining that the administration was focused on addressing issues of income inequality -- which is now approaching levels unseen since 1928 -- ensuring that the middle class reaps any benefits from economic growth. On the political level, Bernstein was less receptive, saying that there's a difference between rhetoric and policy, while also noting that the President has expressed indignation. When I followed up by pointing to a quote from President Obama as to the effect that he "[does not] begrudge" the multi-million dollar compensation being received by some on Wall Street -- a quote I agreed that did not necessarily sum up all of the President's views, even if that's the way it was perceived by some -- Berstein sought to clarify that what the President was trying to say was that he, like other Americans, believes that people deserve to be compensated for their hard work. Pivoting again to policy rather than language, Berstein stressed the importance of restoring balance to the tax system, helping create better jobs, working to ensure that unions are able to organize fairly (though the Employee Free Choice Act), focusing on the middle class (he mentioned increased child tax credits, as well as tax credits for paying off college debts, paying for elder care, and other provisions), and, more broadly, reconnecting economic growth with the middle class.

I may write up some more thoughts on the meeting later today or tomorrow (I still have a good deal of notes from the pen-and-pad session, but I have to run to class now). But if you're itching to read more now, you can read others' accounts of the meeting from AmericaBlog, Eschaton, Tapped, Matt Yglesias, Matt Yglesias, and Oliver Willis.

My Take on Yesterday's White House Progressive Roundtable on the Economy

Yesterday, the White House invited a group of nine progressive bloggers, journalists and radio hosts to the West Wing for an on-the-record session with Jared Bernstein, chief economist to Vice President Joe Biden and a leader in the implementation of the stimulus, on the one-year anniversary of the Recovery Act.


Click image to enlarge

From left to right: Jonathan Singer of MyDD, Duncan Black of Eschaton, Oliver Willis of OliverWillis.com, Chris Hayes of The Nation, unknown administration staffer, Thom Hartmann of the Thom Hartmann Show, Matthew Yglesias of Think Progress, Erin from BlogHer, Tim Fernholz of the American Prospect, White House economist Jared Bernstein. Not pictured, John Aravosis of AmericaBlog. (Photo credit: John Aravosis)

The basic thrust of the event was to present a case for the efficacy of the Recovery Act as a part of the broader effort to convince the American people that the administration's efforts to restore the economy have been successful. To this end, Bernstein provided some stark numbers: While the economy had been contracting at an annualized rate of about 6%, last quarter saw GDP growth of nearly that amount (while conceding that this number isn't necessarily believed to be sustainable in the long term); and that while the economy was once losing 700,000 jobs per month, job losses have been nearly staved off, falling to just 20,000 per month over the past quarter.

The Recovery Act, Bernstein explained, was not only about bringing the economy away from the precipice, but was also about making meaningful investments to prepare the economy for the future. While year one was about bringing the economy off the brink, year two was about expansion (and specifically a type of expansion that ensures the middle class reaps benefits). This latter effort is focused on planting the seed money for priorities such as clean energy, a smart grid, health IT, universal broadband access and high speed rail -- just as earlier economic revolutions sparked by the development of the internet and a nation-wide rail system a century before that required government investment to leverage private capital, so too do the engines of future economic growth need private-public cooperation.

During the question-and-answer period, I asked Bernstein a question related to a series of posts I wrote here at MyDD that had gotten some traction in the Beltway press: Specifically the notion that progressive populism is beneficial on both a policy and political level. Bernstein responded first on the policy level, explaining that the administration was focused on addressing issues of income inequality -- which is now approaching levels unseen since 1928 -- ensuring that the middle class reaps any benefits from economic growth. On the political level, Bernstein was less receptive, saying that there's a difference between rhetoric and policy, while also noting that the President has expressed indignation. When I followed up by pointing to a quote from President Obama as to the effect that he "[does not] begrudge" the multi-million dollar compensation being received by some on Wall Street -- a quote I agreed that did not necessarily sum up all of the President's views, even if that's the way it was perceived by some -- Berstein sought to clarify that what the President was trying to say was that he, like other Americans, believes that people deserve to be compensated for their hard work. Pivoting again to policy rather than language, Berstein stressed the importance of restoring balance to the tax system, helping create better jobs, working to ensure that unions are able to organize fairly (though the Employee Free Choice Act), focusing on the middle class (he mentioned increased child tax credits, as well as tax credits for paying off college debts, paying for elder care, and other provisions), and, more broadly, reconnecting economic growth with the middle class.

I may write up some more thoughts on the meeting later today or tomorrow (I still have a good deal of notes from the pen-and-pad session, but I have to run to class now). But if you're itching to read more now, you can read others' accounts of the meeting from AmericaBlog, Eschaton, Tapped, Matt Yglesias, Matt Yglesias, and Oliver Willis.

My Take on Yesterday's White House Progressive Roundtable on the Economy

Yesterday, the White House invited a group of nine progressive bloggers, journalists and radio hosts to the West Wing for an on-the-record session with Jared Bernstein, chief economist to Vice President Joe Biden and a leader in the implementation of the stimulus, on the one-year anniversary of the Recovery Act.


Click image to enlarge

From left to right: Jonathan Singer of MyDD, Duncan Black of Eschaton, Oliver Willis of OliverWillis.com, Chris Hayes of The Nation, unknown administration staffer, Thom Hartmann of the Thom Hartmann Show, Matthew Yglesias of Think Progress, Erin from BlogHer, Tim Fernholz of the American Prospect, White House economist Jared Bernstein. Not pictured, John Aravosis of AmericaBlog. (Photo credit: John Aravosis)

The basic thrust of the event was to present a case for the efficacy of the Recovery Act as a part of the broader effort to convince the American people that the administration's efforts to restore the economy have been successful. To this end, Bernstein provided some stark numbers: While the economy had been contracting at an annualized rate of about 6%, last quarter saw GDP growth of nearly that amount (while conceding that this number isn't necessarily believed to be sustainable in the long term); and that while the economy was once losing 700,000 jobs per month, job losses have been nearly staved off, falling to just 20,000 per month over the past quarter.

The Recovery Act, Bernstein explained, was not only about bringing the economy away from the precipice, but was also about making meaningful investments to prepare the economy for the future. While year one was about bringing the economy off the brink, year two was about expansion (and specifically a type of expansion that ensures the middle class reaps benefits). This latter effort is focused on planting the seed money for priorities such as clean energy, a smart grid, health IT, universal broadband access and high speed rail -- just as earlier economic revolutions sparked by the development of the internet and a nation-wide rail system a century before that required government investment to leverage private capital, so too do the engines of future economic growth need private-public cooperation.

During the question-and-answer period, I asked Bernstein a question related to a series of posts I wrote here at MyDD that had gotten some traction in the Beltway press: Specifically the notion that progressive populism is beneficial on both a policy and political level. Bernstein responded first on the policy level, explaining that the administration was focused on addressing issues of income inequality -- which is now approaching levels unseen since 1928 -- ensuring that the middle class reaps any benefits from economic growth. On the political level, Bernstein was less receptive, saying that there's a difference between rhetoric and policy, while also noting that the President has expressed indignation. When I followed up by pointing to a quote from President Obama as to the effect that he "[does not] begrudge" the multi-million dollar compensation being received by some on Wall Street -- a quote I agreed that did not necessarily sum up all of the President's views, even if that's the way it was perceived by some -- Berstein sought to clarify that what the President was trying to say was that he, like other Americans, believes that people deserve to be compensated for their hard work. Pivoting again to policy rather than language, Berstein stressed the importance of restoring balance to the tax system, helping create better jobs, working to ensure that unions are able to organize fairly (though the Employee Free Choice Act), focusing on the middle class (he mentioned increased child tax credits, as well as tax credits for paying off college debts, paying for elder care, and other provisions), and, more broadly, reconnecting economic growth with the middle class.

I may write up some more thoughts on the meeting later today or tomorrow (I still have a good deal of notes from the pen-and-pad session, but I have to run to class now). But if you're itching to read more now, you can read others' accounts of the meeting from AmericaBlog, Eschaton, Tapped, Matt Yglesias, Matt Yglesias, and Oliver Willis.

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