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The Tea Party vs Occupy Wall Street

Once again I watched a commentator spin the idea that Occupy Wall Street crowd is no different from the Tea Party, because both groups are angry about the Wall Street bailouts. I suppose they are correct on that one point.

Tea Partiers are in a financial hole. They played by the rules. For years they worked hard to support themselves (often in mundane, unfulfilling careers) while saving for their future. When the crash hit their savings were wiped out. The buckled down; they scrimped and saved—cutting back on expenses and doing without—but they’re still having a tough time paying their bills. They bristled at the idea of Wall Street being bailed out with their hard earned money. “Stop taking our money!” is the Tea Partiers cry.

The Occupy Wall Street crowd is in a financial hole. They followed their dreams. They owe big bucks on their college loans; they are forced to deal with stubborn capitalist who insist on being paid for essentials like food, clothing, and iPads; worse of all—instead of being rewarded with a position commensurate with their education—they are forced to work in some mundane, unfulfilling job. They bristled at the idea of Wall Street being bailed out, while nobody was giving them anything. “Where’s my bailout?” is the Occupy Wall Street crowd’s cry.

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Yes, both groups are upset about the Wall Street bailouts. Scratch below the surface though, and you’ll find the similarity quickly end.

 

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