The Real Reason Why All Of Washington Is Out Of Touch: The "Money-Empathy Gap"
FOX NEWS | 8/6/15 | FIRST GOP PRIMARY DEBATE |
This gap besets the left as well as the right. It besets Democrats (with the exception of Bernie Sanders) as well as Republicans.
The most dramatic recent manifestation of that gap was the GOP Presidential Debate. That proved to be only a low form of political theater (which caused me, literally, to drowse off repeatedly). It was a spectacle that never made a spectacular point.
Few of the main stage debaters spoke much, fewer spoke either with specificity or authenticity, about what’s really on the voters’ mind. We are beset by mediocre economic growth. The economic doldrums, and worse, has persisted under presidencies of both parties, over 15 years. Voter prosperity has plunged dramatically below trend-line. Belt-tightening persists to this day.
Virtually all of the candidates in the debate violated what should be known as Carville’s Law: It’s the economy, stupid! As Bob Shrum recorded in his memoir No Excuses:
Many voters consider America to be on the wrong track. CNN reports “just 30% of registered voters nationwide say they feel their views are well represented by the government in Washington, while 40% say they are not represented well at all. That figure spikes among Republican and Republican-leaning voters.” Spectacles don’t change tracks.
So much obliviousness by so many candidates is mystifying. What could be causing it?
In July 2012, Lisa Miller wrote, in New York Magazine, a defining article by the title The Money-Empathy Gap: New research suggests that more money makes people act less humane, or at least less humane>/i>. It reported on the research of genius, and enfant terrible, Prof. Paul Piff, Assistant Professor in the Department of Psychology and Social Behavior at the University of California, Irvine. Miller:
. . . These findings, in combination with a researcher eager to promote them, reverberated online. On message boards, detractors accused Piff of using his lab to promote a leftist agenda…. It is easy to see Piff’s research as ideologically motivated. The point is to “shed light on some of the consequences of social class,” he says. But whatever his goal, the “results are apolitical,” he says, and the data point in a clear direction.
. . . This research is not intended to prosecute the one percent, those families with an average net worth of $14 million. Nor does it attempt to apply its conclusions about the selfishness and solipsism of a broad social stratum to every member within it: Gateses and Carnegies have obviously saved lives and edified generations, and one of the biggest predictors of a person’s inclination to donate to charity is how much money he has. But when the top fifth of American families have seen their incomes rise by 45 percent since 1979, whereas the bottom fifth has seen a decline of almost 11 percent, these researchers want to explore a timely question: How does living in an environment defined by individual achievement—measured by money, privilege, and status—alter a person’s mental machinery to the point where he begins to see the people around him only as aids or obstacles to his own ambitions? Piff won’t name a tipping point after which the personality transformation kicks in, only that his studies of ethical behavior indicate a strong correlation between high socioeconomic status and interpersonal disregard. . . .
Progressives are at least as guilty as conservatives. Emulating empathy may have supplanted patriotism as the last refuge of scoundrels. Progressives use promises of government largess to raise their own social status to Santa Claus levels, thereby exploiting rather than resolving areas of social misery. (Which by no means exonerates Republicans or conservatives who are finding themselves blinded by the same elite light.)
The Money-Empathy Gap is the prime suspect in driving America onto the wrong track. This gap strangely disconnects candidates from the interests (and often values) of the voters.
What is most missing from this election is a credible focus on restoring equitably prosperity. Nothing in the first GOP Debate, as meticulously inventoried by Kudlow, came close to establishing the GOP’s bona fides, either by way of emphasis or by way of core principles as to how to restore 4% growth across-the-board.
Kudlow inventoried all of the prime debaters stands on things like taxes, regulation, and trade, and, for the most part, found them wanting. Then he applied the coup de grace:No one talked about the dollar and monetary policy, which are incredibly important. A collapsing dollar value such as occurred in the 1970s and 2000s will doom the economy. But a reliably hard dollar not only keeps inflation low, it gives America a leg up in the global race for capital.All the candidates, of both parties, however humble their roots, however modest their current income, are very high indeed on the “socioeconomic ladder.” This seems to be badly distorting their political judgment both as to their priorities and proposed solutions. The Money-Empathy Gap is haunting America.
America knows what it needs. We just are waiting for one or more candidates to hone in, credibly, on the central issue of the 2016 race.
Hint to the presidential candidates. Carville’s Law remains in effect.
It’s the economy, stupid!
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Ralph Benko is senior advisor, economics, to American Principles in Action’s Gold Standard 2012 Initiative, and a contributor to he ARRA News Service. Founder of The Prosperity Caucus, he was a member of the Jack Kemp supply-side team, served in an unrelated area as a deputy general counsel in the Reagan White House. The article which first appeared in Forbes was submitted for reprint by the author.
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