March 11, 2011

MARY KATHARINE HAM ON Michael Moore’s Deficit Solution: “The grand total of the combined net worth of every single one of America’s billionaires is roughly $1.3 trillion. It does indeed sound like a ‘ton of cash’ until one considers that the 2011 deficit alone is $1.6 trillion. So, if the government were to simply confiscate the entire net worth of all of America’s billionaires, we’d still be $300 billion short of making up this year’s deficit.”

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