"[E]xtreme left economic views are not popular among the rich. Here are some graphs. Ideological foaming about “trustfunders” aside, if campaigns are funded by rich “megadonors,” we’re going to see a push to conservative policies, especially on economic issues. The two parties are not symmetric. There’s no reason to think that for every Republican megadonor there is an equal and opposite rich funder on the Democrats’ side. Sure, there are some liberal richies, just not as many as on the other side."
Kevin Drum gives us a chart for the day. Here’s the background:
Every morning I take a couple of short breaks from the keyboard to do some stretching exercises that are designed to ease my neck and shoulder pain. I usually turn on the TV while I’m doing this, and that’s pretty much my entire exposure to Fox News. So what were they going on about a few minutes ago while I stretched? The fact that people get really upset when they hear that 51% of Americans pay no taxes. Well, I’d be upset too. Who the hell are these freeloaders? Answer: they don’t exist, of course.
Details here. Drum concludes: “I know we live in a post-fact environment, but those are the facts. Pass ‘em around."
"Some have asked if there aren’t conservative sites I read regularly. Well, no. I will read anything I’ve been informed about that’s either interesting or revealing; but I don’t know of any economics or politics sites on that side that regularly provide analysis or information I need to take seriously. I know we’re supposed to pretend that both sides always have a point; but the truth is that most of the time they don’t. The parties are not equally irresponsible; Rachel Maddow isn’t Glenn Beck; and a conservative blog, almost by definition, is a blog written by someone who chooses not to notice that asymmetry. And life is short …"