Your Daily Newt: Pitt the Youngest

Newt Gingrich (left) and Pitt the Younger.James Colburn/ZumaPress; <a href="http://en.wikipedia.org/wiki/File:Pitt_the_Younger.jpg">Wikimedia Commons</a>

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As a service to our readers, every day we are delivering a classic moment from the political life of Newt Gingrich—until he either clinches the nomination or bows out.

Newt Gingrich had been Speaker of the House for all of six days in 1995 when he made a triumphant appearance at DC’s Mayflower Hotel to give a major address entitled “From Virtuality to Reality.” It was Gingrich distilled to his concentrated essence, interspersing musings on Americans’ conception of speed limits, the merits of creating a federal entitlement for laptops (it would be “dumb”), the Wealth of Nations, and the works of the futurist power-couple Alvin and Heidi Toeffler. It was conservatism at its most Newt Agey: “Virtuality at the mental level is something I think you’d find in most leadership over historical periods,” Gingrich told his audience.

Perhaps no leader better embodied those characteristics, Gingrich explained, than 18th-century British prime minister William Pitt, better known as “Pitt the Younger.” As Newt put it:

I think equally useful is to look at the role of Pitt the Younger in the 1780s and 1790s. Because Pitt the Younger—surrounded by the disciples of Smith—rationalizes British tax policies to create the commercial environment in which so much wealth is made, the people are able to fight the Napoloeonic wars and Britain is able to carry virtually the entire financial weight of the alliance against Napoleon in a way that would have been literally impossible without Adam Smith’s intellectual ideas being transmitted into the tax policies of Pitt the Younger.

Whew, long sentence. Gingrich’s point was fairly straightforward, though: Pitt the Younger had the ability to look at the big picture rather than simply the task at hand; think big thoughts; and then apply those big ideas “directly to the modern world.” It was a quality Gingrich considered seriously lacking in most politicians not named Newt Gingrich.

But there was another side to Pitt’s reforms that Gingrich chose to downplay. Pitt paid for the Napoleonic wars by raising taxes. Specifically, he implemented the first-ever income tax—and not just any income tax, but a progressive income tax. Also, as Adam Gopnik points out, he was “probably gay.”

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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