There is, though, a third possibility. The purpose of macroeconomic policy is not to stabilize the economy or to raise growth, but is instead merely an ideological cover for shrinking the state. And that justification for multi-million salaries is merely ideological cover for kleptocracy. It’s just class war
For anyone on the left who’s tempted to relapse into 2008 euphoria by the president’s early-campaign turn to rhetorical populism, this remains as true as it always was: Obama is not your ally who’s been co-opted; he’s your enemy who is co-opting you.
The point is that this shows that bonuses are a reward for power, not performance.
Jesus once again is using the word “salvation” in a way most American Christians can scarcely recognize. Ask a hundred American evangelists what you must do to receive salvation and I’ll wager that not one of them says, “Give half of your possessions to the poor, and if you have defrauded anyone of anything, pay them back four times as much.” What that suggests, obviously, is that Jesus didn’t have a firm grasp on the orthodox Doctrine of Salvation.
