Joan Walsh on Democrat Repudiation Day: It happened because Democrats weren't socialist ENOUGH! Not enough class welfare against the rich. Not enough government control over healthcare. Not enough stimulus spending.

Joan sez:

The smart money may be on Obama caving to the GOP, as he did when Republicans demanded a smaller-than-needed stimulus, healthcare reform without a public option or curbs on industry profits, financial reform without a ban on banks' gambling with federally insured money -- and then delivered few or no votes for the watered-down result, anyway. I still believe Obama can stick to his guns, realizing that he's living through a depressing hazing ritual for Democratic presidents -- being stuck cleaning up after a Republican bacchanal -- and refuse to budge.

Why? Because the alternative -- Obama caving -- is unthinkable, politically. It would extend the last 30 years of class warfare -- the rich against the rest of us -- indefinitely. It would doom the Democrats for the foreseeable future. And it could throw the country back into the recession from which it's barely recovered, since paying more money to the uber-rich would make spending on jobs or any other kind of recovery measures almost impossible.

Get it? The "uber-rich" are being paid money. It isn't the government that takes it away by demanding taxes and imposing expensive regulations. The government owns the money and disperses it to a greedy nation as it sees fit. That's Joan's story, the liberals' story, and she's sticking to it.