Charles Hughes Smith at “Of Two Minds” blog describes the politics of resentment succinctly and ends:

“Now that the “housing never goes down” fantasy has imploded, the dwindling remains of the once-great middle class are slouching dejectedly through the ruins of the political center (which cannot hold because there is no center, only a State/Plutocracy Elite and a rabble of State dependents defending their fiefdoms), filled with bitter resentments at this undeserved plight–for isn’t this the Greatest Empire the World Has Ever Known?–beset by anxieties about the rough beasts (let us call them austerity, restraint, humility, responsibility, patience, sacrifice and thrift) whose hour has come round at last.”