Academic

STIMULUS! Victor Davis Hanson on The War Against The Producers. ?Ponder a simple fact: The Obama a?

By Glenn Reynolds

STIMULUS! Victor Davis Hanson on The War Against The Producers. “Ponder a simple fact: The Obama administration is dispersing income lavishly to those who do not pay taxes and it will have to be paid for by those who do. For all the talk of that awful percentile who make over $200,000, this administration has not distinguished the hyper-rich 1% that make untold money (e.g., the Buffets, Soroses, Turners, Gateses, Kerrys, Gores, etc), from the much more demonized, larger 5% of the population whose income does not come from investments and insider influence and deal-making, but rather from providing more tangible goods and services?the family doctor, the plumbing contractor, the small lumber company owner, the car dealer, the local family-held insurance company, the airline pilot, the car-leasing firm, the patent attorney, etc.”

Full post as published by Instapundit.com on July 12, 2009 (boomark / email).