Tuesday, November 27, 2012

Warren Buffett

Thank goodness for Warren Buffett, a billionaire rich enough to be moral.

Two days ago, in the New York Times, Buffett presented his oped case that the egregiously wealthy should be taxed at a higher rate and that they could afford it and that the nation would benefit from it. "In recent years, my gang has been leaving the middle class in the dust," he wrote.

Will Buffet's suggestions incline the rich to rethink what the widening gap between rich and poor implies? I doubt it. I have a hunch their response will be something along the lines of ...

"Let me get rich first. I'll worry about being moral later."

And of course "later" seldom, if ever, comes.

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