America’s Stockholm Syndrome

[Modern School]

60% of Americans support the extension of the Bush-era tax cuts, despite the fact that 25% of the savings from the plan will go entirely to the richest 1% of Americans, while the changes to the estate tax will only benefit the richest ¼ of 1%. Meanwhile, the poorest Americans will actually get a tax increase. Even more perplexing is supporters’ lack of concern for how much this will worsen an already record deficit and increase the level of austerity that will be imposed on them to fix it when congress finally settles on a deficit reduction plan. (Over the past ten years, tax cuts have been the single largest contributor to budget deficits, surpassing even defense).

Why do so many American’s support this insanity?

My hypothesis is that they are suffering from the world’s largest case of Stockholm Syndrome,

To read the rest, please go to http://modeducation.blogspot.com/2010/12/americas-stockholm-syndrome.html

[FiveGoodMen]

1. Especially appropriate name for it given Julian's current troubles!