The dream society leaves place of anxiety

February 9, 2012 12:00 AM
The dream society leaves place of anxiety

It is done. He reversed the barrier of the races. Black was elected President of the United States, country tortured in depth by slavery, his original fault. Will Barack Obama reverse the other barrier, which rises again for twenty years in America and by contagion in Europe, classes

At the end of the first world war, America became a large processing plant of the social classes in middle class. While at the same time the Soviet Union created a society of "a single class", "working class", the American dream was to similarly by giving each its chance. "It is a country that allowed grandparents and our parents to believe that even if they could not go to school, they could set aside a little each week so that their children can go to school, that even if they could have their own business, they could work hard enough so that their children can open one."recalled the Obama candidate. This "American dream", emphasized, allowing the country to represent "the best hope on Earth", it was "his moral stature".

It is finished. The economic system currently in place destroyed the "middle class", at least has belief. The Democrats have relied throughout the campaign, the figures of the French economist Thomas Piketty, who calculated that between 2000 and 2006, while the US GDP was 18, the median wage (2,000 dollars) declined by 1. At the same time, the salary of the Top 10 (the richest 10) rose by 32, one of the Top 1 of 203 and that of the Top 0.1 of 425. The economy works, argue the Democrats as a pump that aspires the wealth of the bottom to reverse them at the top. The opportunity to "put aside for his children" is completed. Other indicators (such as the University entries) go in the direction of an inversion of the social elevator. The dream society leaves place of anxiety. "The Americans will have a policy which will invest in middle-class," promised Barack Obama. The question is: how How far beyond the financial crisis and the recession, how can an occupant of the White House réinverser the meaning of aware of the wealth The policy can redo the "American dream"

Close the newly elected economists admit that the problem is the most difficult and that they have no easy solution. But they can map three types of response. The first was that of the era Clinton, one of the "third way": growth will provide for all, it is sufficient that it is high enough. "When the tide returns, all the boats of the port soars", explained Larry Summers, Adviser to the former President. Unfortunately, in the last cycle (2002-2007), the large salaries climbed, not small, but it also knows why. In any case, "when the tide returns, now only yachts soars", admitted the year past even Larry Summers. The Clintonian solution is insufficient.

The second is to improve "equal opportunities". That starts by teaching primary and secondary very defective in America (the inverse of the universities). "We will recruit an army of new teachers," said Obama. Then, the redistribution. The program of the President plans to tax the rich (more), refounding the retreats, to build a social security for all.

Quite rightly, Paul Krugman the 2008 Nobel Prize, is that it is because of black that white people have always denied social security contributions: the racial barrier today thrown, this obstacle jumps. This solution passes through the State, it is necessary, it has disadvantages (its effectiveness and its cost).

The third method is to recreate "means" jobs for the middle class. The only success of the high-tech is not sufficient to give opportunities to all, but so far, should be save General Motors How to avoid protectionism

In a globalized and tertiarisée economy, with too indebted households, what type of new growth Barack Obama can offer On this solution, indispensable complement to the second, the candidate has been little disert.