Occupy Wall Street (OWS) vs The Tea Party: A Brief Comparison

Occupy Wall Street (OWS) vs The Tea Party: Why Occupy Wall Street is not the same

Occupy Wall Street (OWS) has drawn countless comparisons to the Tea Party. Both have arisen out of discontent with the current political system and have attracted followers from opposite sides of mainstream party lines, in addition to many independents. However, it would appear (given economic history) that the Occupy Wall Street protesters are angry for the right reasons (and have racked up impressive endorsements from people like Suze Orman and Howard Buffett and whereas the Tea Party is angry over their misguided notion of taxes and government (driven far more by ideology than objectivity).  Both camps claim to want “take the power back.”  But whereas the Tea Party has a simplistic “taxes and government are the problem” mantra we often see coming from the angry right, the Occupy Wall Street protesters realize that it’s corporate special interests that have filled the political power vacuum (a vacuum that exists largely because everyday people either haven’t participated in the Democratic process or, like the Tea Party, allow themselves to be blindly led by said corporate interests and unwittingly act against their own best interests).  Whereas the Tea Party protests appear to be an 8-5 affair where protesters prop up  (often racist) signs and speak out against government then go home (and enjoy their social security and Medicare benefits), the OWS movement appears to be a 24/7 affair, with protesters camping in public areas in financial districts. Continue reading

tea party racism

The Tea Party’s Take on Tax Rates and Size of Government

For some time now, the Tea Party has been making a ruckus over the size of government, tax rates and the alleged debt/deficit ‘crisis.’   Rather than understanding that; our tax rates and government as a percentage of GDP are lower than virtually any other nation in the industrialized world; or that the current deficit/debt crisis has more to do with a loss of revenues from tax cuts and a recession than any increased spending; or that the wealthiest Americans pay the lowest in top marginal tax rates since the great depression; or that the in drop these tax rates on the wealthy have coincided with more wealth going to the top and a loss of real income for the middle and lower classes, they would prefer to rally under the mistaken notion that our government is treading on Orwellian waters.Continue reading