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Like most intractable issues, we're dealing here with a witches brew of complexities.
Back in the late nineties, when Clinton was in the Whitehouse, we had relative prosperity that was touching everybody; that, I think, is no longer true. Although the economy is still good for the rich (isn't that always the case), for the rest of us - students, single mothers, families struggling to make ends meet, etc. - things are now beginning to look bleak. Mix in a hot summer, rising energy prices and an indifferent and clueless Bush administration, and you have a recipe for a lot of pent-up rage to begin to overflow.