U.C. Berkeley political economist Brad DeLong has a great Issue Briefing on Estate Tax Repeal. Why does this matter? Because it is the ultimate symbol of the abject surrender of our political class to the SkyBox crowd.
They stand in front of the SkyBoxes like uniformed monkeys in front of an organ-grinder, their hands held out for whatever peanuts they can get, and they wonder why they aren’t respected by the citizenry?