June 23, 2003


The Capitalist versus The Aristocrat
Slate magazine caught this really interesting speech that Senator John Edwards gave last week. In it, Edwards says that, by seeking to eliminate virtually all taxes on so-called "unearned" income, like capital gains, dividends, and inheritance, President Bush has demonstrated that he feels the burden of running the country (demonstrated by paying taxes) should only be shouldered by those who actually work. In other words, there is a threshold of wealth that, once you surpass it, you are no longer responsible or accountable for providing for the nation, you only need reap the benefits. To Edwards, this is not conservativism, or even capitalism, but a cleverly disguised form of radicalism that has the potential to create an economic caste system in this country.

Edwards is, in essence, calling Bush a feudalist.

Incindiary stuff.
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