| ◼ Katie Wilson, Seattle’s new socialist mayor, apparently hopes to accelerate the process of running out of other people’s money. The State of Washington is chasing away its capital with a newly enacted 9.9 percent “millionaires tax” on those who earn more than $1 million. Wilson sees no downside. As she recently stated, “I think the claims that millionaires are going to leave our state are, like, super overblown and if, you know, the ones that leave, like ‘Bye.’” On that last word, she literally waved Seattle’s most productive residents out, chuckling as the audience cheered. Many high-income earners are likely to take Wilson up on her offer. Washington was one of only nine states that had no income tax until Democratic lawmakers idiotically surrendered this advantage, and it is already losing thousands of residents to low-tax red states. Wilson and other socialist politicians claim they want to squeeze the rich to fund generous welfare schemes, but they can’t raise money from taxpayers who flee. Their true motivation seems to be pure resentment of financial success and a zeal to punish those who attain it.
◼ “You can’t earn a billion dollars, you just can’t earn that,” Representative Alexandria Ocasio-Cortez insisted on a podcast, prompting ovine agreement from her interviewer. “You can’t earn that, right? And so you have to create a myth that—since you didn’t earn that, you have to create a myth of earning it.” It is, of course, not a “myth” that Americans can earn a billion dollars. Just ask Michael Jordan, or Jeff Bezos, or Steven Spielberg, or Taylor Swift, all of whom have excelled in their fields and provided services that their customers elected to buy. But there is, indeed, a “myth” in this realm, and it is the one that AOC offers up both explicitly and implicitly: that, in order to earn a billion dollars, one has either to exploit someone else or take their share of the economic pie. The economy doesn’t work like that—especially in America—and, if voters come to believe otherwise, it will derange not only our public policy but our national ethos as well. This is a nation of strivers, not of envy, and the alternative is not paradise but a descent into sclerosis and mediocrity.
◼ The Economist deemed this year’s Victory Day Parade in Moscow—which traditionally features an intimidating array of Russian military hardware—“diminished.” That was an understatement. The parade featured no heavy equipment and no major foreign dignitaries and was atypically short. Ukrainian President Volodymyr Zelensky graciously allowed the parade to continue unmolested by Ukraine’s long-range drones. As a metaphor for Russia’s battlefield complications, the scaled-down parade hit the mark. Independent estimates suggest that Russia is losing about 35,000 soldiers per month—contributing to a total of approximately 1.4 million killed or wounded in Putin’s war of conquest so far. In April, for the first time in nearly two years, Russia experienced a net loss of territory inside Ukraine. Amid the Kremlin’s deepening geopolitical isolation, Kyiv has become an investment destination for foreign nations impressed by its innovative counter-drone technologies. This is what it looks like when a great power is losing a war of choice.
◼ Britain’s Labour Party received a well-deserved shellacking in local elections that may bring a premature end to the premiership of Keir Starmer, a prime minister as dull as he is destructive. But hold the champagne. Labour enjoys an overwhelming majority in the House of Commons. If Starmer goes, he will likely be replaced by someone even further to the left, who will not have to call an election until 2029. That’s a political eternity, and it will feel like it. There will be the pain inflicted by Labour, and then there will be interminable guesswork about what comes next. Meanwhile, Nigel Farage’s Reform UK is coming close to establishing itself as the standard-bearer of the right. But the Tories, under improved leadership, are not dead yet. Nationalists fared well in Scotland and Wales, the Liberal Democrats showed that there is still room for radical “moderates,” and the Greens’ swing further leftward and toward Islamist voters remains on track. The next general election may combine a genuine multiparty contest with a first-past-the-post electoral system, a recipe for unpredictability.
◼ It was not that long ago that partisan Democrats, progressives, and liberals alike were consumed with fear over the unchecked spread of misinformation. That all seems rather quaint now that the Democratic Party has become ensorcelled by it. Myths about Israel seem to enjoy the most currency on the left. New York Times columnist Nicholas Kristof contributed to this mania when he repeated the extraordinary claim that Israeli security forces have trained dogs to rape male Palestinian detainees. This was not supported by equally extraordinary evidence, but the paper of record didn’t care. Israel is now pursuing a defamation lawsuit against the Times. The Times must know that such allegations, even if facially implausible, exacerbate the threat posed by violent antisemites in the West. But this story was just too good to check.
◼ A 22-foot gilded statue of the president was erected at the Trump National Doral Golf Club. Even for Miami this is a bit much. Of course citizens may decorate their private property as they wish. Reportedly a group of crypto-riche supporters of Trump’s, organized by the Evangelical minister John Mark Burns, pooled $450,000 to finance the thing. You’d think Pastor Burns, Trump’s spiritual adviser (not an official cabinet post), would concern himself with projects more metaphysical than “Don Colossus.” Burns clarified that the statue is not a golden calf. True: It’s much bigger. |