Back in my day. . .

Oh, young people love to hear that one, don't they? My chosen career, librarianship, was and probably still is, at the bottom of the pay scale for an advanced degree (entry level degree is a master’s but many have PhDs).  But I loved it. What could be more fun than buying, organizing, preserving and distributing information, knowledge and wisdom? ("For the protection of wisdom is like the protection of money, and the advantage o...f knowledge is that wisdom preserves the life of him who has it." Eccl. 7:12) I don't envy Bill Gates' wealth or the 3 winners of the Megamillions. In fact, my religion says coveting is very, very bad not only for a society but for me personally. However, my president says it's good. He wants "fairness," which actually means coveting what others have. If you don't believe me, try teaching fairness to 6 year olds--you'll create jealousy as they each eye what the other has and start to whine.

 
The Buffett rule is something for President Obama to talk about during the campaign so he doesn't have to face the huge economic problems he has created and to rail against “rich Republicans” if it fails.  The biggest, wealthiest donors are all contributing to Democrats, but don’t let the facts confuse him—he’s already way off track and it plays well with the unemployed he hasn’t helped.   He wants the government to take more of what you or someone else has, not to use for any particular purpose, but to satisfy a vague belief in "fairness."

The Buffett rule takes money out of the economy and gives it to the government, where it will be spread around the various bureaucracies, revolving door non-profits and unions and you'll never see a dime of it.