Mark Steyn: ‘Buffett Rule’ will pay off only 17 hours worth of the deficit

He writes:

Sometimes societies become too stupid to survive. A nation that takes Barack Obama’s current rhetorical flourishes seriously is certainly well advanced along that dismal path. (…)

Jerry Brown, California’s reborn Gov. Moonbeam, defines his “millionaire’s tax” as applying to anybody who earns more than $250,000 a year. “Anybody who makes $250,000 becomes a millionaire very quickly,” he explained. “You just need four years.”

This may be the simplest wealth creation advice since Bob Hope was asked to respond back in 1967 to reports that he was worth half-a-billion dollars. “Anyone can do it,” said Hope. “All you have to do is save a million dollars a year for 500 years.”