Meyerson on Dems-Wall Street Split

In this morning's Washington Post, Harold Meyerson cites the primary win of Bill de Blasio in New York, the withdrawal of Bill Daley in Illinois, and the collapse of Larry Summers' campaign to become Fed Chair as evidence of a leftist tilt in the Democratic Party. Meyerson is right that Dems have too often caved to the titans of high finance. But, I worry that some Democratic leaders who are willing to challenge the party's subservience to Wall Street also champion the kinds of positions on abortion and other cultural issues that will make them unpalatable to the hard-hat workers they seek to champion. The divisions within the Democratic Party are many. Still, they are in a better position than the GOP where the main divide is along lines of sanity not policy.

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