Saturday, May 2, 2009

Economics for Liberals

Here is a little tutorial...

Businesses create jobs, wealth and prosperity.

With prosperity comes educational opportunities, increased charitable giving, cleaner environments, a healthier population, and opportunities for more wealth and job-creation.

Free market capitalism has historically been the most successful path to prosperity (that coupled with strong legal protections and property rights).

So prosperity is good.

"Not so fast", say politicians of a certain persuasion, "Prosperity isn't evenly distributed."

These politicians do not care if people earn their living or not.

These politicians don't even actually care if prosperity is equal or not.

All these politicians want to keep their own job.

The favored means these politicians use to keep their job is by spending your taxes so that others do not have to work.

Or spending your tax dollars so that others get employed-for-life government jobs with big juicy taxpayer-funded pensions.

These politicians believe that if they can get as many people as possible either not paying taxes, supported by the government, or employed by the government, then those people will vote for more of the same.

But in order to get the most people dependent on the government, as few as people as possible must be taxed.

This means that fewer and fewer people pay more and more taxes - also known as "soak the rich."

The problem with taking from the rich and giving to the "poor" is that eventually the rich leave town. Taking their businesses and jobs with them.

That just leaves government workers and folks on unemployment hanging around.

Government workers and unemployed folks do not create jobs.

At least, not the way rich people create jobs.

So free-market captialism equals prosperity, jobs and many good things.

Taxing only the rich equals unemployment, poverty and crime.

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