There is no tax policy that better describes how out of touch America's liberals are with the rest of the country than the estate tax. According to the Left, government seizure of a large share of the wealth of an American taxpayer is a moral imperative that serves social justice. Most Americans disagree, big time.
If you want to help the poor, help the poor, and with your own time and money. Liberals prefer to do it with someone else's, which is why they love the estate tax.
Lunchroom economic conversations are inevitably graced with at least one statement from an old-timer along the lines of, 'In my day, we walked 10 miles in the snow just to get to the recession.' In fact, the nature of recessions hasn't changed much over the years.
The most real characters in a great play are those who are so meticulously drawn that the audience could predict how many pairs of shoes they might have in their closet or how many close friends they had in grade school. Have any of our public figures been as fully developed in the media?
If you look at the geographic variation in long-term unemployment, it's really striking. There are pockets where employers don't want to go, but for some reason, in part because of adequate safety nets, people don't want to leave.
