If the main focus of progressives was to promote upward mobility, they would deserve their predicted political hegemony. But current day leftism is more about style, culture and green consciousness than jobs and opportunity. It’s more Vogue’s Anne Wintour than Harry Truman. Often times the gentry agenda — for example favoring higher housing and energy prices — directly conflicts with the interests of middle and working class families.
The progressive coalition also has little to offer to the private sector small business community, which should be producing jobs as they have in the wake of previous recessions but have failed to do so this time. A recent McKinsey study finds that small business confidence is at a 20 year low, entrepreneurial start-ups have slowed, and with it, the innovation that drives an economy from the ground up.
These economic shortcomings are unlikely to reverse themselves under the Obama progressives. An old Democrat of the Truman and Pat Brown, perhaps even Bill Clinton, genre would be pushing our natural gas revolution, a key to blue-collar rejuvenation, instead of seeking to slow it down. They would be looking to raise revenues from Wall Street plutocrats rather than raise taxes on modestly successful Main Street businesses. A HUD interested in upward mobility and families would be pressing for more detached housing and dispersal of work, not forcing the masses to live in ever smaller, cramped and expensive lodgings.