First lady Michelle Obama the other day railed at "the few at the top," who do all sorts of bad things. A few months ago, we began hearing of the "1 percent" who are responsible for the current economic mess. "They" apparently make all their money at the expense of the other 99 percent. Are they the same as last year's villains, who had not paid "their fair share" in making over $200,000 in annual income?

Do they include the greedy doctors, who, the president once asserted, recklessly lop off limbs and yank tonsils for profits? Is my urologist a dreaded one-percenter? He found out what was causing my kidney stones but probably makes good money. Was a nearby farmer one, too? I bet he makes over$200,000 but, like many other growers in this area, has found a way to produce beef and cotton more cheaply and efficiently than farmers in almost any other part of the world, thereby enriching his county, state and nation.

I am writing this essay on a MacBook Pro laptop. So I wonder, was the late Apple CEO Steve Jobs a suspect billionaire? Should I be mad or grateful that he made billions by permanently replacing my old scissors, paste, and bottle of liquid paper of the 1970s?

Continue reading Victor Davis Hanson...

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