Economic freedom is a human right. But with finance having seized the economy by the … whatevers … and income inequality skyrocketing, should lower taxes really be top priority? Carried interest, 2 and 20? Or is fostering economic solidarity more important? Conservatives have conniptions at the very question. But Aristotle says that the greatest wealth gap in a good regime should be 5 to 1. I’m not saying we want that, but in what way does making hedge fund managers the ultimate winners in our society make any sense? It made sense to challenge the Soviet Union, as it still makes sense to maintain a strong defense. But “strong defense” has morphed into endless, pointless, winless war.
In 1980, we had to unshackle the economy, rebuild the military and alliance structure, and recover from the ’60s-’70s orgy. Today our priorities are different—or should be. But conservatives only know the formula they learned from the crib sheet.Today, the House of Representatives voted on a health care bill that will boot 24 million people from coverage. They did so to clear the way for giving millionaires a tax cut. And they celebrated this in the Rose Garden.
So much for "fostering economic solidarity."