NYT Editorial Offers Full-Throated Endorsement of Occupy Wall Street

I’m not usually one for “point and click” blogging, but I just read the lead New York Times editorial for Sunday, and I have to share:

As the Occupy Wall Street protests spread from Lower Manhattan to Washington and other cities, the chattering classes keep complaining that the marchers lack a clear message and specific policy prescriptions. The message — and the solutions — should be obvious to anyone who has been paying attention since the economy went into a recession that continues to sock the middle class while the rich have recovered and prospered. The problem is that no one in Washington has been listening.

The entire editorial is pleasantly pointed and remarkably free of the backhanded compliments and snarky observations about dirty effin’ hippies that have peppered much of the Times’ news-side reportage. It makes the whole piece worth a read, but I especially like the last two paragraphs:

 No wonder then that Occupy Wall Street has become a magnet for discontent. There are plenty of policy goals to address the grievances of the protesters — including lasting foreclosure relief, a financial transactions tax, greater legal protection for workers’ rights, and more progressive taxation. The country needs a shift in the emphasis of public policy from protecting the banks to fostering full employment, including public spending for job creation and development of a strong, long-term strategy to increase domestic manufacturing.

It is not the job of the protesters to draft legislation. That’s the job of the nation’s leaders, and if they had been doing it all along there might not be a need for these marches and rallies. Because they have not, the public airing of grievances is a legitimate and important end in itself. It is also the first line of defense against a return to the Wall Street ways that plunged the nation into an economic crisis from which it has yet to emerge.

It’s a little long to tweet, or even put on a protest sign, but it is a nice set of points to carry into your next argument with a one-percenter (or those who have conned themselves into thinking they someday will join them).

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