Even a conservative who ordinarily doesn’t care much for government regulation of business ought to find the case for a government-mandated minimum wage pretty compelling. In brief: As a conservative, you believe in the dignity of work. And it sends a terrible message about the dignity of work when working full-time doesn’t earn you enough to live a decent life.
President Barack Obama’s speech today made -- or tried to make -- two different points, both concerning the definition of “rights.” Although couched in the kind of president-ese appropriate to such an occasion, both goals were easy to spot, and both are parts of a solidly liberal vision of society and government.
As everybody knows by now, Warren Buffett -- class traitor -- pays a smaller share of his income in taxes than does his secretary, Debbie Bosanek. In his State of the Union address last month, President Barack Obama proposed the “Buffett Rule” to rectify this.
The most famous painting of the 20th century, Pablo Picasso’s “Guernica,” commemorates the bombing of the small Spanish town on April 26, 1937, by the German air force, in support of General Francisco Franco’s fascists in the Spanish Civil War. Hard to believe, but this was history’s first extensive bombing of a civilian population.
About two years ago I wrote an article saying that despite the lack of evidence, and despite the near-universal belief among economists that it was not a problem, I was worried about inflation. My reason was that I couldn’t see how the government could pay off the massive debt it was running up except by inflating at least part of it away.