In Glenn Beck's new Book 'Arguing with Idiots', he notes a terrific quote from The Economist:

"[France has] and archaic socialism that fails to understand, or at least explain that wealth needs to be created before it can be shared." (emphasis mine)

I think that is a stunning summary of many of America's current problems as well.

With as much discussion about redistribution of wealth and how it's unfair for so and so to make 'too much money', or that taxes should be raised,  people are forgetting that at some point the money has to be earned by someone taking risks, with ideas and skills. What the liberal world is planning would kill the incentive for people to create wealth in the first place.

It sounds great to want to help people, but once everyone is 'equal', where does the money to do that come from?  After you've driven all of the Tom Golisano's out of town with the NY State millionaire's tax... who will have the money to give (charitably, like Mr. Golisano... or forcibly by taxation) to anyone??

Of course, on an even more fundamental level, the real 'Key Misunderstanding' is deeper than a financial one... it's misunderstanding human nature...