Oh, there's much fun going on in the blogosphere. (I can't believe I'm two days late on this one.)

Todd Henderson, a law professor at Univ. of Chicago, explains that even though he and his doctor wife make $400,000, they are still dirt poor and can't afford a tax hike. That blog post has since been deleted, but Brad deLong saves it and responds. So has Paul Krugman, Fallows and Lemieux. The Huff Post reports that Henderson is devastated.

Doesn't Bobos in Paradise have a whole chapter on how the Univ. of Chicago professor who makes 6 figures feels poor?

I recommend reading the comments on the Krugman article.