The War Against the Producers

The summer doldrums are here. News is slow, but there are some good blogs out there.

Victor Davis Hanson has an excellent piece over at Pajamas Media. I won't try to blog about it. Its all too good to break down. Its called The War Against the Producers.

The subtitle at Pajamas asks the good question:

"How can rewarding unproductive areas of the economy and punishing the engines of the economy possibly work?"

Hanson proceeds to answer that question and others. Perhaps the best quote from the artice is:

"Final observations: Obama brilliantly conflated the Wall Street class with the upper-tier of Main Street in Animal Farm fashion: the former gets lectured, but stays enriched through bailouts; the latter takes both the moral hit for the former’s crimes and greed and the actual hit in higher taxes.

(Nota bene: the new Democrats, in Prince Charles fashion, like the taste and culture of the hyper-rich, who care little about taxes, are sensitive behind their ramparts to the less well off, and know high-culture (think Streisand, Gates, Soros, the Georgetown/Hollwood/Silicon Valley, Upper East Side, Cambridge, Mass, set). These aristoi despise the wheeler-dealer, always on the move, uppity, wanna-get-rich scrambler that is desperately trying to get his get kid through Public U, and add a wing on his gross MacMansion, while towing his outboard up to the lake for five hours of water-skiing, without an opera, symphony, or NPR analysis on the radio)."

This is a very good article, is very thoughtful, and needs to be read in its entirety. Go here to do so.