Elizabeth Warren and the Democrats' Divide
Thursday, November 14, 2013
In his profile of Elizabeth Warren, Noam Scheiber, senior editor at The New Republic, argues that there are big changes taking place within the Democratic party, particularly an emerging anti-corporate strain. But is it really on the verge of a split?
Stat Time: Anti-Corporate Sentiment in the Democratic Party
- A pew survey shows that 92% of Democrats agree with the statement “it’s really true that the rich get richer while the poor get poorer.” That’s up almost 10% since 2009.
- In 2007, even a majority of Democrats said that “government regulation of business does more harm than good” – that’s now down to 41%. (Worth noting: Republicans have shot the same amount in the opposite direction, so there’s now a big divide.)
- On the statement “corporations generally strike a fair balance between making profits and serving the public interest” – in 1997 43% of democrats agreed with that statement. Today it’s 29%.
- The number of people who say they are “very satisfied” with Medicare and Social Security systems is the highest it’s been since 2001.
- A recent Pew poll showed that voters under 30—who skew overwhelmingly Democratic—view socialism more favorably than capitalism.