Wednesday, September 26, 2012

Tidbits Tackles: Socioeconomic Tension and Income Inequality, Pt. 1

Hi everybody, you might be wondering (of course y'all have!): why hasn't Euni posted anything more about the upcoming presidential election? Why hasn't she ranted about the economy and the U.S. political structure?

Fear not, my friends, I've been thinking about all the stuff that's been going on for the past year. I just don't want to fight or come off as belligerent in my argument. I've been reading a lot of Paul Krugman and Jared Bernstein in particular, as well as paying attention to the news, reading articles and posts that seem interesting and relate to all this...STUFF.

It's all very overwhelming, to be honest. Sure, I care about the economy and anything that happens to it (duh, I'm an economics student), but I seriously can't remember when I became so "involved" in political discussions. Take it with a grain of salt, I am not super-involved (though I wouldn't mind it): I'm not a part of some grassroots organization that tries to spread the word about any politician or whatever. However, I believe it is my civic duty and responsibility to educate those around me with the facts. One of my strengths, I will admit to this one strength alone, is that I can teach. I strive to learn the material/subject first, and then I find a way to explain it in simple and easy-to-understand terms to those who care to listen. I'm proud to say that I've been able to keep my mother informed about current events because of this strength, and I've even ventured in discussing economics with my little cousins (6 and 7 years old)...

ANYWAY, I've gone out on a tangent long enough, let me get to the point of this post. I posit this question (or maybe a few questions actually):

Fifty years from now, when our grandchildren(?) learn about this "Great Recession" and the 2008 & 2012 elections, how will they look at us?

Will they argue that there were some racial undertones related to the tension and disdainful outrage against President Obama?

Will they argue that income inequality was at the root of the clash between political parties? Of social classes? Of age gaps?

Will they even care about these times we are now living, or will our history books try to gloss over this turbulent time period?

I intend to do some research and share my answers and conclusion to the questions I've asked. Frankly, I do believe income inequality has a lot to do with today's tension, and the idea and (dare I say it?) disillusion that our chosen leaders (e.g. Congress, state, local governments, etc.) are indifferent to our needs and would rather help themselves first.

I may sound cynical or depressed when it comes to our government, but I am full of hope that while we are living during a socioeconomic revolution of sorts, there will emerge a number of people who are bright, passionate, and who care about their nation, not just themselves.

If this type of posting/writing is not "your cup of tea," it's quite alright. You don't have to agree with me, but if you want to bring your arguments forward, please be advised that I expect facts and evidence to back up your claims.


  1. I don't know if politicians are disillusioned particularly but they are almost definitely indifferent and are out for themselves. I don't really know how we will be looked back on in about 50 years time, but I hope I'm alive enough to make sure people knew what it was really like.

    1. Yeah, I don't mean that the politicians are disillusioned, but rather ourselves, the voters and regular people who have to live with the consequences of our leaders' decisions. I really hope to be alive in fifty years too; things will get better, but if nobody pays attention to and learns from what's happening today, we will definitely be doomed to repeat history over and over again.