Republicans think they have found a new weapon to use against President Obama:
the charge that income inequality has risen on his watch. In recent
weeks that criticism has been lodged by the Senate majority leader,
Mitch McConnell; Speaker of the House John A. Boehner; Representative
Paul D. Ryan; and the former governors Mitt Romney and Jeb Bush. Three
other potential presidential candidates, Senators Ted Cruz, Rand Paul
and Marco Rubio, used inequality to indict the Democrats in a January
forum.
“Under
President Obama,” Mr. Romney said at the Republican National
Committee’s winter meeting, “the rich have gotten richer, income
inequality has gotten worse and there are more people in poverty in
America than ever before.” We have come a long way since Mr. Romney said
that discussions of inequality should be confined to “quiet rooms.”
But
Republicans are likely to find that this weapon will be a dud.
Inequality does not appear to be an issue that moves voters, and even if
it did, Republicans would not be able to come up with an agenda that
does much to reduce it.
Polls
show that while voters do not like income inequality and think the
government should try to reduce it, very few consider it a high-priority
issue. In January, a CBS/New York Times poll asked Americans to
identify the top issue facing the country. Only 3 percent
cited the income gap between the rich and poor — well below the 18
percent who listed the economy and jobs. It’s a finding consistent with
many other polls over the years. Last August, the Reason-Rupe poll asked
whether Congress should concentrate more on increasing economic growth
or reducing income inequality. Growth won, 74 percent to 20 percent.
It’s numbers like these that explain why Mr. Obama, who just over a year ago called inequality “the defining challenge of our time,” has lately stopped emphasizing it.
Instead he talks about expanding opportunity and mobility. It appears
that most voters care more about whether they, and Americans generally,
can get ahead than they care about whether they can keep up with the top
1 percent. More evidence for this set of priorities came in the late
1990s, when inequality was rising but middle-class wages were rising,
too. The public at the time expressed satisfaction with the direction of
the country.
Before
taking up a theme that Mr. Obama has largely abandoned, Republicans
should consider whether public opinion gave him good reason to abandon
it. They should consider, also, whether they can point to any policy
proposals of theirs that would do much about inequality. It’s not an
accident that economic equality has been a cause traditionally
associated with the left. The Democratic drive to increase tax rates on
very high earners and on investment income may or may not be wise, but
it would probably reduce inequality. The same cannot be said of
Republican proposals.
Republicans
deride Mr. Obama’s policies for having yielded insufficient economic
growth. But if they had policies more to their liking and those policies
had generated higher growth, inequality might well be higher as a
result. (It tends to rise during high-growth periods.)
Republicans
have a few ideas for fighting poverty and taking on what they call
“crony capitalism,” the tendency of government subsidies to enrich
moneyed interests. Some are good ideas. Relaxing licensing rules that
govern who can become a cosmetologist or start a moving company would
expand opportunity, and ending corporate welfare would improve economic
efficiency. Neither policy, though, is likely to make a dent in
inequality. It would be best to argue for them on other grounds.
Republicans
are taking up inequality as an issue now for three reasons. It provides
a way of attacking Mr. Obama’s economic record even as unemployment
rates drop. It gives them an opportunity to deploy rhetoric usually
associated with liberals against him and his party. And Republicans have
grown increasingly aware, since their defeat in the 2012 election, that
their party has a damaging reputation for caring only about the
economic interests of the rich.
But
there are better ways for Republicans to signal that their goal is
broad-based prosperity. They could, for example, make the case that
their policies would combat poverty, expand opportunity and increase
middle-class wages — and that Mr. Obama has done a poor job on all these
fronts. It would be a debatable case, of course. But it would be more
plausible than the case that Republican policies would reduce
inequality.
My
guess is that Republican politicians almost all care more about raising
the middle-class standard of living than about reducing inequality.
Since voters do, too, maybe that’s what those politicians should talk
about.
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