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Ross Douthat
futureofcapitalism.com

New York Times columnist Ross Douthat discovers what we call around here Reverse Robin-Hood, and also concedes the point we made earlier (as he puts it), "Just because you have a million-dollar mortgage doesn't make you a millionaire, and a lot of the fat-cat defaulters probably aren't that fat anymore."

Mr. Douthat goes off course, though, in my view, when he writes:

This isn't just a corporate welfare problem. The same pattern is at work in our entitlement system, which is lurching toward bankruptcy in part because of how much Medicare and Social Security pay to seniors who could get along without assistance. Instead of a safety net that protects the elderly from poverty, we have a system in which the American taxpayer is effectively underwriting cruises and tee times...

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More on Ruling Class vs. Country Class
futureofcapitalism.com

So long as we are on the topic of ruling class versus country class, two more data points:

A Ross Douthat column in today's New York Times: "The most underrepresented groups on elite campuses often aren't racial minorities; they're working-class whites (and white Christians in particular) from conservative states and regions. Inevitably, the same underrepresentation persists in the elite professional ranks these campuses feed into: in law and philanthropy, finance and academia, the media and the arts....This cultural divide has been widening for years."

Read More...


A Journo-List Leak
futureofcapitalism.com

The Daily Caller has gotten and published some more copies of emails from that e-mail list of left-wing journalists -- Journo-List -- of the sort that got David Weigel ousted from his perch at the Washington Post. This time, they seemed to want to get the press to focus less on Rev. Jeremiah Wright, and suggested trying to smear some right-wingers (anyone but soon-to-be New York Times columnist Ross Douthat) as racist as a diversion. Among the participants was Holly Yeager, who now works at, get this, the Columbia Journalism Review.

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Douthat on Taxes and Revenues
futureofcapitalism.com

Ross Douthat, billed as a right-of-center voice on the New York Times editorial page, writes, "while some tax cuts can raise government revenue, the income-tax cuts of the Bush years emphatically did not."

Read More...


Douthat on the GOP's Empty Stage
futureofcapitalism.com

Ross Douthat has a column in today's New York Times under the headline "The G.O.P.'s empty stage," likening the situation in the Republican presidential race to that preceding 1996. The column concludes as follows:

Fifteen years ago, in the wake of the 1994 Republican revolution, conservatives were in a similar position — fresh from a midterm victory but politically overextended, struggling to persuade a wary public to embrace limited government in practice as well as theory.

Out of a mediocre primary field, they ended up with Bob Dole as their standard-bearer. Their cause did not soon recover.

Read More...


Ross Douthat on the Imperial Capital
futureofcapitalism.com

Ross Douthat makes a pretty nifty New York Times column out of the fact noted here the other day, that seven of the ten richest counties in America are in the Washington, D.C. area. He writes:

Whence comes this wealth? Mostly from Washington's one major industry: the federal government. Not from direct federal employment, which has risen only modestly of late, but from the growing armies of lobbyists and lawyers, contractors and consultants, who make their living advising and influencing and facilitating the public sector's work. [He doesn't mention the journalists, but they're doing okay too, at least the ones writing for the lobbyist audiences at places like Bloomberg Government and Politico Pro.]...

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Ross Douthat on the Imperial Capital
futureofcapitalism.com

Ross Douthat makes a pretty nifty New York Times column out of the fact noted here the other day, that seven of the ten richest counties in America are in the Washington, D.C. area. He writes:

Whence comes this wealth? Mostly from Washington's one major industry: the federal government. Not from direct federal employment, which has risen only modestly of late, but from the growing armies of lobbyists and lawyers, contractors and consultants, who make their living advising and influencing and facilitating the public sector's work. [He doesn't mention the journalists, but they're doing okay too, at least the ones writing for the lobbyist audiences at places like Bloomberg Government and Politico Pro.]...

Read More...


Ross Douthat
futureofcapitalism.com

New York Times columnist Ross Douthat discovers what we call around here Reverse Robin-Hood, and also concedes the point we made earlier (as he puts it), "Just because you have a million-dollar mortgage doesn't make you a millionaire, and a lot of the fat-cat defaulters probably aren't that fat anymore."

Mr. Douthat goes off course, though, in my view, when he writes:

This isn't just a corporate welfare problem. The same pattern is at work in our entitlement system, which is lurching toward bankruptcy in part because of how much Medicare and Social Security pay to seniors who could get along without assistance. Instead of a safety net that protects the elderly from poverty, we have a system in which the American taxpayer is effectively underwriting cruises and tee times...

Read More...


More on Ruling Class vs. Country Class
futureofcapitalism.com

So long as we are on the topic of ruling class versus country class, two more data points:

A Ross Douthat column in today's New York Times: "The most underrepresented groups on elite campuses often aren't racial minorities; they're working-class whites (and white Christians in particular) from conservative states and regions. Inevitably, the same underrepresentation persists in the elite professional ranks these campuses feed into: in law and philanthropy, finance and academia, the media and the arts....This cultural divide has been widening for years."

Read More...


A Journo-List Leak
futureofcapitalism.com

The Daily Caller has gotten and published some more copies of emails from that e-mail list of left-wing journalists -- Journo-List -- of the sort that got David Weigel ousted from his perch at the Washington Post. This time, they seemed to want to get the press to focus less on Rev. Jeremiah Wright, and suggested trying to smear some right-wingers (anyone but soon-to-be New York Times columnist Ross Douthat) as racist as a diversion. Among the participants was Holly Yeager, who now works at, get this, the Columbia Journalism Review.

Read More...


Douthat on Taxes and Revenues
futureofcapitalism.com

Ross Douthat, billed as a right-of-center voice on the New York Times editorial page, writes, "while some tax cuts can raise government revenue, the income-tax cuts of the Bush years emphatically did not."

Read More...


Douthat on the GOP's Empty Stage
futureofcapitalism.com

Ross Douthat has a column in today's New York Times under the headline "The G.O.P.'s empty stage," likening the situation in the Republican presidential race to that preceding 1996. The column concludes as follows:

Fifteen years ago, in the wake of the 1994 Republican revolution, conservatives were in a similar position — fresh from a midterm victory but politically overextended, struggling to persuade a wary public to embrace limited government in practice as well as theory.

Out of a mediocre primary field, they ended up with Bob Dole as their standard-bearer. Their cause did not soon recover.

Read More...


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Ross Douthat

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