The Real Culture War Is Over Capitalism
Tea parties, 'ethical populism,' and the moral case against redistribution.
There is a major cultural schism developing in America. But it's not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise -- the principle at the core of American culture.
The data support the protesters' concerns. In a publication with the ironic title, "A New Era of Responsibility,"
The Congressional Budget Office predicts $9.3 trillion in new debt over the coming decade.
And what investments justify our leaving this gargantuan bill for our children and grandchildren to pay? Absurdities, in the view of many -- from bailing out General Motors and the United Auto Workers to building an environmentally friendly Frisbee golf course in Austin, Texas.
The protesters are homeowners who didn't walk away from their mortgages
clipped from: online.wsj.com