Mrs. Thatcher dismantles the looters

What better way to start the new year than with a blast form the past. Here, it’s Margaret Thatcher making one of her final sallies against the idea of income redistribution, an enduring favorite of Democratic pols, assorted occupiers and New York Times columnists. We are highly unlikely to see her like again, on either side of the Atlantic. As Dan Mitchell notes, “…it’s…painful to realize that the current crop of GOP presidential candidates seems generally incapable of making similar arguments.” Sad but true.