Needle in the Haystack

Conservative media host Hugh Hewitt said a mouthful in the 1/28/2016 edition of The New York Times Magazine:

NYT: Most Americans think we should raise taxes on the rich, but the Republican candidates don’t, except Trump, who has said he would consider it.

HH: I asked him about a wealth tax, and he said no. But I find that concentration of wealth in Silicon Valley deeply disturbing. Those billionaires are very smart, but they moved to Silicon Valley at the right time. Someone was going to invent Facebook. I’m glad Mark Zuckerberg did it, but it wasn’t an act of genius; it’s an act of timing. Should he have tens of billions of dollars?

NYT: That’s a pretty radical position for a conservative.

HH: I don’t think it’s very good for the society to have billionaires. It creates envy. And envy destroys republics.

NYT: So you’d say to the Silicon Valley elite, ‘‘You didn’t build that.’’

HH: No. They did build it. I would say, You should keep an enormous amount of money for your entrepreneurial ability and your success. But there is a limit in America to how much any one person is going to have. You don’t need 10 billion dollars. Nobody does. The country does.

It is overclass arrogance and decrepitude, not mass envy, that destroys republics, and why those who “build” what was already going to get built, usually after much public-sector expense and groundwork, get to keep even millions is also very highly debatable. Likewise, there has only been one time “in America” when serious limits on personal greed existed — that was WWII.

But still, point taken. It’s a shame the left doesn’t speak this plainly and pointedly.

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