Carrying the tired Kerry line were Senate Minority Leader Harry Reid of Nevada, House Minority Leader Nancy Pelosi of California, and former Sen. John Edwards of North Carolina. They all repeated the chant of ?tax cuts for the wealthy,? stating that the Bush tax cuts must be pulled back. This will sit well with Howard Dean, the duly-elected DNC chair whose anti-war presidential campaign platform also included a full rollback of the tax cuts. (Note, by the way, that Reid and Pelosi are minority leaders, as Republicans control both the Senate and the House. Note also that John Edwards is a former senator, as his Senate seat was taken over by Republican Richard Burr after his veep bid fell short.)
The only dissent from the DNC class-warfare position came from New Mexico Gov. Bill Richardson, a former Clinton Energy secretary and U.N. ambassador. Richardson believes in pro-growth fiscal policies and has cut income taxes and capital-gains taxes in his home state since becoming governor. But the Democrats are turning a deaf ear to Richardson and other party moderates. They prefer that the Democratic party remains the tax-increasing party.
It would appear that the middle class once more rejected a class-warfare, tax-the-rich platform. This won?t stop Democrats from again committing political hari-kari, but voter data seem pretty conclusive that populist left-wing campaigns against rich people and businesses are doomed to failure.
Another reason for plunging Democratic fortunes is that roughly 50 percent of U.S. families -- or about 95 million people -- are card-carrying members of the investor/ownership class. Investors tended to vote in favor of Bush by about 10 percentage points. They are undoubtedly quite happy to create wealth by investing and keeping more of their dividend and stock market gains.
It would appear that in their quest for left-wing ideological purity, the Democratic party is determined to fall off the proverbial election cliff. So be it. While George W. Bush is bringing the country into the 21st century, the Democrats are stuck somewhere between the 1930s and the 1970s. It?s a political death wish. But they don?t seem to realize it.