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| "Spread the Wealth"=Failure |
October 29, 2008: Senator Obama's strong belief that wealth should be spread amongst those who are in the middle and lower economic classes is poor economics if, and that's a big if, his interest if elected to the presidency would be to keep America a strong world power. Spreading the wealth seeks to level the playing field, and leveling the economic playing field leads to collectivism, an economic system which has been proven, time and time again, to be a failure. Collectivism has failed wherever it has been implemented - examples include Russia, China, India, and the kibbutz in Israel.
The concept of spreading the wealth may may seem appealing, especially to those earning less than the poverty level - even less than the average $50K/year wage recently reported. But several large problems arise from that kind of policy: 1)loss of incentive to follow the American dream of economic success; 2) loss of private industry jobs and an increase in government jobs, thus increasing the power of government over its citizens; 3) an increase in the feeling of entitlement (forget what you did for me yesterday, what are you doing for me today?); 3) the loss of world belief that the United States of America is or can be the one force in the world to keep the world on an even keel; 4) this country's relegation to a bana republic/third world country status.
For too many years too many of our citizens have believed that giving up our rights (protections against government) under the 4th and 5th ammendments of the Constituion are okay in the false belief that doing so would protect their liberty - beliefs of an insecure, lazy, and unknowledgeable people. It is that kind of thinking - the thinking of fear - that can and will lead this country to be taken over by those who are the antithesis of the reason for America's founding.
Regardless of who wins the upcoming election, this will keep after those in government who work against the best interests of the country. It is my fervent hope that I won't have much to do...
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Posted by jchernic on 2008-10-29 13:20:04 | Rating: | Views: 105
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