Saturday, March 01, 2008

VDH on The Forgotten American (Americanus oblitus)

From Works and Days (less depressing than usual):

The forgotten American day in and day out pays off his monthly mortgage—$1000, $1500, $2000 a month perhaps. That his house went up in value was no reason to take out a second for a new car or kitchen or to max out the charge cards or to trade up to a home he could not afford, power, or maintain.


The forgotten American may have empathy for those who took out no-down payment loans, balloon payments, and interest only plans, but would never do so herself.


The forgotten American has no grudge against Muslims, and wishes the Middle East well. But he doesn’t have much guilt over paying $100 a barrel oil, or the tens of billions in handouts to Egypt, Palestine, Iraq, and Jordan.


The forgotten American doesn’t know much about Harvard or Princeton, or private school for her kids, or prep schools she never went to, or jobs that pay over $300,000 a year, or million-dollar homes. But she is pretty happy to be an American and the chance to have a comfortable house, car, good food, security, and a clean, safe, and good community.


The forgotten American worries about health care and wishes everyone were covered somehow. But for now when her son turned 23 she helped him take out a catastrophic policy, and when he forgets to make the $200 a month payment, she ensures that it is paid.


I don’t know how many forgotten Americans there are out [there], but I have a feeling the answer may well determine the next election.

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