Here's a post by Paul Krugman on this invisible-to-the-political-elite problem:
Third Depression WatchThe idea the "nobody cares" comes from the fact that the millionaires have no personal experience of anybody dumpster diving or going to "rescue" missions to get their next meal, or worse, going hungry. The on-going Great Recession is invisible to the elite who have recovered their losses and find their pay packets stuffed with bonuses and quickly escalating salaries. What recession? They don't see it.
Last year I warned that we seemed to be heading into the “Third Depression” — by which I meant a prolonged period of economic weakness:Neither the Long Depression of the 19th century nor the Great Depression of the 20th was an era of nonstop decline — on the contrary, both included periods when the economy grew. But these episodes of improvement were never enough to undo the damage from the initial slump, and were followed by relapses.Brad DeLong points us to Macro Advisers, which has now downgraded its estimates for second-quarter growth. As Brad says, these estimates now suggest that we have now gone through a year and a half of “recovery” that has failed to make any progress toward closing the gap between what the economy should be producing and what it’s actually producing.
We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense.
And nobody in power cares!
But the job of politicians is supposed to be to represent all of the people, not just their millionaire buddies.