There are two problems: The first problem is that times of growth seduced us into allowing the wealthy to take an ever greater share of the national product. This seemed acceptable as long as the economy was growing, but now that it is contracting, we need to claw back from the share of the pie going to the rich - otherwise the poor will pay for the depression, and that is not acceptable.

The second problem is that much of the wealth of the past boom was, in fact, counterfeit. Now the counterfeiters are demanding that their counterfeit money be made real out of your pension and salary.

(In principle, the two can be addressed separately, but I rather like the idea of insinuating that wealth disparity is due to counterfeiting by the wealthy - mostly because it's normally true.)

- Jake

Friends come and go. Enemies accumulate.