"Acts of Retribution: There will be Blood": Obama's New Bestseller
Of course, anyone who was paying attention to the Obama dramaturgical troupe when its performance was still off-off-Broadway in previews knows that "A New Era of Responsibility" is running entirely according to script. Obama told us he was going to declare war on the affluent. Why are we surprised? Why are many Democrats and even such prominent supporters as Warren Buffett suddenly saying (in effect), "Hey, wait a minute, what do you guys think you're doing?" As Mr. Henninger notes, as we approach the dénouement of this morality play, it is suddenly dawning on people that "something deeper is underway here than merely using higher taxes to fund his policy goals in health, education and energy."
The "top 1%" isn't just going to pay for these policies. Many of them would assent to that. The rancorous language used to describe these taxpayers makes it clear that as a matter of public policy they will be made to "pay for" the fact of their wealth -- no matter how many of them worked honestly and honorably to produce it. No Democratic president in 60 years has been this explicit. . . .
The economy as most people understand it was a second-order concern of the stimulus strategy. The primary goal is a massive re-flowing of "wealth" from the top toward the bottom, to stop the moral failure they see in the budget's "Top One Percent of Earners" chart.
Shortly before the election, I wrote in this space about Obama, selfishness, and liberal guilt. "What prodigies of expiation," I asked back in those halcyon days, "might be accomplished were this young, charismatic, half-black apostle of egalitarian change elected President of the United States?" All you had to do was listen to his speeches to see what was coming. As I said just days before the election (just about the time Obama said he was only a few days away from "fundamentally transforming the United States of America"),
His comment to Joe the Plumber gave us some indication: he would set about trying to “spread the wealth around.” But redistributionist initiatives do not take place in a vacuum. They unfold in a context of moral expectation. And this brings me to what may be the most alarming thing Obama let slip in the course of his campaign. I mean his suggestion, uttered in the final few days of the race, that those who do not favor higher taxes are guilty of “selfishness.” (In criticizing his tax and welfare plan, Obama said, McCain and Palin “wanted to make a virtue out of selfishness.”) . . . .
Because he regards the American people as essentially selfish (a sentiment memorably reinforced by Michelle Obama when she described the America was “just downright mean“), Obama cannot help regarding success as a form of failure. That side of Obama’s program does not play well outside his inner circle, so he has been careful to overlay it with seductive talk about “tax cuts for 95 percent of taxpayers”–an absurdity on the face of it since 43 percent of those who file do not pay any income tax at all. (Meanwhile, it is worth remembering that those reporting the top 1 percent of adjusted gross income pay nearly 40 percent of all income taxes collected, while the top 5 percent pay more than 60 percent. To use another word Obama likes, is that “fair”? How much more does he want?)
Selfishness can be a vice. It can also be another name for that "well-ordered self-love" that Thomas Aquinas extolled as "right and natural." (I have more to say about selfishness and altruism here.) But the important issue facing the American people at the moment is whether they wish to elect a commander-in-chief or a nanny-in-chief. Obama's seductive rhetoric and and emollient promises have not been able to conceal his ambitions to become America's protector and nanny-in-chief. He wants you to be happy--but on his terms. He wants to tell you what to drive, what temperature to keep your house, how much to eat. He wants to conscript your children in "voluntary" national service programs that are all-but-mandatory. He wants to determine how prosperous you will be allowed to be--and then to tax you back to a pre-determined level if you make too much.
So here we are then. Our prince has come. The dragon, Wealth, has been put to the sword, and everyone is gathered downstage to await the finale. It turns out, though, that many who bought tickets thought this entertainment was a species of Romance or Comedy that had a happy ending. Others of us knew that wasn't what was advertized and said so. I suspect this particular drama is going to have a very limited run. As Daniel Henninger put it,
The White House says its goal is simple "fairness." That may be, as they understand fairness. But Figure 9 makes it clear that for the top earners, there will be blood. This presidency is going to be an act of retribution. In the words of the third book from Mr. Obama, "it is our duty to change it."
Here's a prediction: more and more people are going to be waking up to that duty soon, and with a vengeance.