Dick Morris argues completely against my posts on income disparity in his recent article, "The Populism Divide." Not too surprising given the source but I do agree that a dichotomy of economic vs. social populism has emerged as an (if not the) issue driving this election. Dick concludes that social populism has made a comeback as if it is going to represent a real challenge to the economic populism of Obama (to be honest its Edwards' issue which almost every other democratic candidate usurped). Social populism won the day four years ago, leaving the democrats dumbfounded at how they lost the election on "values." But when the economy is in the tank as it currently is, people know that social populism is a luxury they can't afford right now. I think that has been pretty obvious over the last few weeks and will be made even more so on Nov. 4th.
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