Interviewed by the Guardian, Grover Norquist confirms what I wrote 3 weeks ago, that Social Security privatization is intended to create a permanent pro-business, anti-regulation, Republican majority in which, to quote myself, “Almost every aspect of a progressive agenda would be measured against the Dow Jones and found wanting.”
Norquist: “If 100% of Americans at age 18 knew they were going to retire with a savings account, it would change their attitude to regulating companies, it would change attitudes towards envy, and how they feel about rich people. The entire secular growth in the Republican vote can be explained by the growth of stock ownership. It changes what you read, what you watch, and what you think.”
So does a well-placed pod.
Addendum: At American Leftist, which has linked to this post, Richard Estes has this comment, “Norquist better be careful. Extreme poverty has a tendency to change attitudes as well.”
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