The Rich Really Are Different: Their Incomes Fluctuate More
Robert Frank points out that a lot of the reason states are in so much trouble is that many have become incredibly dependent on high earners for their tax revenues: [snipped quote] This is one of the reasons that we can't fix all our budget problems with higher taxes on the rich--if we do that, revenues are going to collapse dangerously every time there's a recession.
Somehow I doubt the rich are losing sleep about fluctuating income.
I see it but I can hardly believe it. Where is her dignity, her pride? Her subservience to power, her groveling before money--it's just unreal. I've said that McArdle is like Mrs. Elton in her pretentiousness, but she is like Mr. Collins in her eagerness to praise the rich and ingratiate herself with them by carefully composing flattering and exculpatory odes of praise.
DURING dinner, Mr. Bennet scarcely spoke at all; but when the servants were withdrawn, he thought it time to have some conversation with his guest, and therefore started a subject in which he expected him to shine, by observing that he seemed very fortunate in his patroness. Lady Catherine de Bourgh's attention to his wishes, and consideration for his comfort, appeared very remarkable. Mr. Bennet could not have chosen better. Mr. Collins was eloquent in her praise. The subject elevated him to more than usual solemnity of manner, and with a most important aspect he protested that he had never in his life witnessed such behaviour in a person of rank -- such affability and condescension, as he had himself experienced from Lady Catherine. She had been graciously pleased to approve of both the discourses which he had already had the honour of preaching before her. She had also asked him twice to dine at Rosings, and had sent for him only the Saturday before, to make up her pool of quadrille in the evening. Lady Catherine was reckoned proud by many people he knew, but he had never seen any thing but affability in her. She had always spoken to him as she would to any other gentleman; she made not the smallest objection to his joining in the society of the neighbourhood, nor to his leaving his parish occasionally for a week or two, to visit his relations. She had even condescended to advise him to marry as soon as he could, provided he chose with discretion; and had once paid him a visit in his humble parsonage; where she had perfectly approved all the alterations he had been making, and had even vouchsafed to suggest some herself, -- some shelves in the closets up stairs.
``That is all very proper and civil I am sure,'' said Mrs. Bennet, ``and I dare say she is a very agreeable woman. It is a pity that great ladies in general are not more like her. Does she live near you, sir?''
``The garden in which stands my humble abode is separated only by a lane from Rosings Park, her ladyship's residence.''
``I think you said she was a widow, sir? has she any family?''
``She has one only daughter, the heiress of Rosings, and of very extensive property.''
``Ah!'' cried Mrs. Bennet, shaking her head, ``then she is better off than many girls. And what sort of young lady is she? is she handsome?''
``She is a most charming young lady indeed. Lady Catherine herself says that in point of true beauty, Miss De Bourgh is far superior to the handsomest of her sex; because there is that in her features which marks the young woman of distinguished birth. She is unfortunately of a sickly constitution, which has prevented her making that progress in many accomplishments which she could not otherwise have failed of; as I am informed by the lady who superintended her education, and who still resides with them. But she is perfectly amiable, and often condescends to drive by my humble abode in her little phaeton and ponies.''
``Has she been presented? I do not remember her name among the ladies at court.''
``Her indifferent state of health unhappily prevents her being in town; and by that means, as I told Lady Catherine myself one day, has deprived the British court of its brightest ornament. Her ladyship seemed pleased with the idea, and you may imagine that I am happy on every occasion to offer those little delicate compliments which are always acceptable to ladies. I have more than once observed to Lady Catherine that her charming daughter seemed born to be a duchess, and that the most elevated rank, instead of giving her consequence, would be adorned by her. -- These are the kind of little things which please her ladyship, and it is a sort of attention which I conceive myself peculiarly bound to pay.''
``You judge very properly,'' said Mr. Bennet, ``and it is happy for you that you possess the talent of flattering with delicacy. May I ask whether these pleasing attentions proceed from the impulse of the moment, or are the result of previous study?''
``They arise chiefly from what is passing at the time, and though I sometimes amuse myself with suggesting and arranging such little elegant compliments as may be adapted to ordinary occasions, I always wish to give them as unstudied an air as possible.''
Mr. Bennet's expectations were fully answered. His cousin was as absurd as he had hoped, and he listened to him with the keenest enjoyment, maintaining at the same time the most resolute composure of countenance, and, except in an occasional glance at Elizabeth, requiring no partner in his pleasure.
By tea-time, however, the dose had been enough, and Mr. Bennet was glad to take his guest into the drawing-room again, and when tea was over, glad to invite him to read aloud to the ladies.
The rich are different, alright. They have Megan McArdle's lips firmly planted on their metaphorical asses.
ADDED: McArdle in 2009:
Koch is pretty open about their connection with institutions like IHS, but from what I know of them, astroturfing doesn't really seem like their style. I've seen Koch in action at private events, and though I'll respect the privacy, I'll say that even in the company of other like-minded rich people, he displayed rather a mania for honest dealing. That's not to say that it's impossible that they do fund FreedomWorks--I'm not particularly conversant with the world of 501(c)(3) funders. But Freedomworks doesn't publish its donor list, and there's no source offered for the claim.
McArdle doesn't have the eloquence of Mr. Collins but she made up for it in volume.