Saturday, November 1, 2008

Obama, the Wealth Spreader - TIME

Obama, the Wealth Spreader - TIME: "We may disagree on how much to spread around and how to go about it"We all tend to think that it's someone else's wealth that needs to be spread around and that it ought to be spread in our direction. But the principle that the unequal distribution of wealth is a legitimate concern and government policies should mitigate it has been part of American democracy since at least the New Deal. In fact, it is a commonplace that the moderate wealth-spreading of the New Deal saved American democracy. Today collecting checks from people and issuing checks to other people--or the same people--is the government's main domestic activity.

Although it was an off-the-cuff remark and one that Obama probably regrets, he actually put it well, avoiding the suggestion of envy or class war, which are the usual accusations about such talk. Spreading it around is "good for everybody," he says. And who disagrees? Or would you like to live behind locked gates and hire guards to protect your family from kidnapping, as in places where they spread it around even less than here?

No comments: