59°
Sunny
THU
 90°
 52°
FRI
 94°
 54°
SAT
 89°
 57°
SUN
 85°
 57°
MON
 87°
 57°

PD Editorial: Emerging message from Occupy Wall Street

The objectives of the Occupy Wall Street movement may be fuzzy, but as the demonstrations spread, there's no doubt that they're tapping deep reservoirs of angst and resentment.

In much of America, the recession hasn't ended. Incomes are falling, unemployment is not. Yet the rich are prospering, and Wall Street banks that made a killing during the boom haven't paid any price for their role in the bust.

As it's grown, Occupy Wall Street has started focusing on disparity, fairness, justice. These could become powerful campaign themes, causing discomfort for both major parties. But it remains to be seen whether the upstart movement can be harnessed into an effective political force for the 2012 election.

Cartoonists Look At Occupy Protests

X

For now, the demonstrators are mocked by the right — "a collection of ne'er-do-wells raging against Wall Street, or something," the Wall Street Journal sniffed — but they aren't so different from a movement praised by conservatives, the tea party.

Both were spawned by economic insecurity and a conviction that the political and economic systems aren't working. Both started with street demonstrations and vague demands, and both quickly grew too big to be ignored.

For the most part, the Occupy Wall Street crowd seems younger than the tea party faithful. And where the tea party is unified by distrust for big government, Occupy Wall Street doesn't trust big banks or big government.

On that score, they're in sync with a solid majority of Americans.

According to a new Washington Post-ABC News Poll, only 29 percent of Americans have a favorable view of government in Washington They like Wall Street bankers even less, with just a 22 percent favorable rating for financial institutions. Even the news media fared better in the national survey.

The antipathy reflected in the poll helps explain why a scruffy demonstration in lower Manhattan spread into a national movement, with Occupy groups from Portland, Maine to San Diego and McAllen, Texas to Fargo, N.D. The first local demonstrations are scheduled today in the Sonoma Plaza and Saturday at Santa Rosa City Hall.

These demonstrators may not represent the 99 percent they claim, but they aren't uninformed. And if they're waging class war, as some critics say, they have some compelling numbers on their side.


© The Press Democrat |  Terms of Service |  Privacy Policy |  Jobs With Us |  RSS |  Advertising |  Sonoma Media Investments |  Place an Ad
Switch to our Mobile View