The Big Think

Government creates nothing. It only has the power to tax, subsidize, and destroy. Not to create. Government can take from one and give to another, and it can tear apart people and works. One thing it can never do is create wealth. Wealth defined as the productivity of working people and a working economy. Surely, government can print money, but that is not wealth. Printing cash, or creating it in slippery ones and zero’s, is inflationary. It only devalues the money held within the real economy, making everyones holdings of less value. In other words…. printing money steals value from the cash already in the system, and is just another form of tax. It moves wealth from those who earned it to those who ‘printed it’.

Tax, or inflation. Raising taxes always attacks the economy and costs jobs. Always and every single time. Lowering taxes stimulates the economy and allows job creation. Always and every single time. When the government sticks their hand in our pocket it weakens us as a nation. When they reduce leaching we get stronger.

The two to three trillion dollars in spending last year and this? It’s a huge grab at the wealth of working people. It has to be paid for, and there are only two ways to do it since government can’t actually create wealth. They have to raise taxes, which steals wealth from working people, or they have to print money, which steals wealth from working people.

No matter how it’s done, the so called stimulus package is the hugest money grab and wealth redistribution since the formation of the Soviet Socialist Union.

via bearbicycle.

I’m surprised that more hasn’t been made about how we’re sticking the entire next generation with a huge tax bill just because we don’t want to face the immediate consequences of our spendthrift ways. It goes back to a previous post I made about how the current generation in power (the baby boomers, mostly), seem to have a bit of an impulse control issue. Mine. Now. Deal with consequences later, or better yet, push them off on somebody else. Where have all the responsible adults gone? How did we go from The Greatest Generation to The Generation of the Spoiled in so short a time?

And the most operative question: where does it say that America cannot fail or fall? So why are most of our leaders acting as if that’s true?

Sorry about being a downer, but these are the thoughts that are on my mind lately, and I haven’t heard any good answers. Believe me, I’ve looked.