Does Occupy Wall Street still matter?

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The activists behind Occupy Wall Street, who for weeks last fall captured almost as much attention as the Republican candidates running for president, are now directly confronting what has long been the central question of their movement: can they shape and influence public policy like the Tea Party has?

The May Day protests and marches on Tuesday in cities around the country, including New York, are what the group is dubbing its “spring offensive” and are a renewed attempt by Occupy to shift the American political debate, particularly in pressing to help middle and low-income workers, who they have famously dubbed “the 99 percent.”

The day of action comes as the movement’s brief momentum appears to have stalled. National Democrats, who were initially wary of the unruly protests, then embraced their core message of income inequality, are now somewhat in between. President Obama and his campaign are touting some parts of the Occupy agenda, slamming Mitt Romney for paying a lower tax rate than many Americans who make much money less and advocating the “Buffett Rule,” a proposal would require millionaires to pay at least 30 percent of their income in taxes.

The president himself is speaking much more about the growing gap between the rich and poor in American than he did four years.

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