from Obama says it’s only ‘fair’ to raise taxes on the rich. He’s wrong. by Arthur Brooks
"...If opportunity in America is a sham — if the system is rigged and some people get the breaks only for reasons of luck, birth, or discrimination — then merit is fictitious and redistribution brings greater fairness. But if America is an opportunity society — if you have the chance to work harder, get more education and innovate — then rewarding merit is fair, and it is fair for some to make more money than others...
...If you descended from immigrants, ask yourself: Why did my ancestors come here? I suspect it wasn’t to find a fairer system of forced income redistribution. It was to find a place where they could get a fair shake, where they could start their own business, and where hard work and good ideas would be rewarded...
...In a 2005 study published in the American Economic Review, economists at Harvard University and the Massachusetts Institute of Technology studied 29 countries and showed that a belief in luck over merit was strongly linked to the level of taxation and spending on social programs. Furthermore, they showed that the more citizens believed in a merit-based system, the more their public policies produced such a system...
...There is certainly a role for government in this system. Private markets can fail due to monopolies (which eliminate competition), externalities (such as pollution), the need for public goods (such as education, which is indispensable in an opportunity society), corruption and crime. Furthermore, most economists agree that some social safety net is appropriate in a civilized society. When the government focuses on these things, it assists the free-enterprise system.
But when a government that has overspent for years turns to tax increases instead of spending cuts simply for the sake of “fairness,” it weakens free enterprise, lowers opportunity and impoverishes us in many ways.
And that is simply unfair."
2 comments:
Some say that Obama's father was actually Frank Marshall Davis. If you look at Davis' photo and Barack Obama's Senior's photo -- he looks a LOT like Davis and not at all like Obama. His mother was a tramp and maybe even she doesn't know, but I digress.
Frank Davis was a member of the Communist Party and actively worked for much of his life to advance the goals and philosophy of that organization. It's even on wikipedia (watered down and somewhat redacted). Obama mentions "Uncle Frank" as being very influential in his young life. His mother too was a communist, though I don't think she had the stroke to be part of a particular cell.
Obama's campaign pledge to 'fundamentally change America' was not some veiled promise. He's a utopian socialist and actually believes that he can achieve 'social justice' and 'social leveling' or 'fairness' by wiping out private business and allowing government to run more or less everything.
The whole 'Atlas Shrugged' scenario is very frightening because it's taking place here in front of us and a lot of Americans are saying, "Take from those rich people and give it all to me".
It is said that [Robin Hood] fought against the looting rulers and returned the loot to those who had been robbed, but that is not the meaning of the legend which has survived. He is remembered, not as a champion of property, but as a champion of need, not as a defender of the robbed, but as a provider of the poor. He is held to be the first man who assumed a halo of virtue by practicing charity with wealth which he did not own, by giving away goods which he had not produced, by making others pay for the luxury of his pity. He is the man who became the symbol of the idea that need, not achievement, is the source of rights, that we don’t have to produce, only to want, that the earned does not belong to us, but the unearned does. He became a justification for every mediocrity who, unable to make his own living, has demanded the power to dispose of the property of his betters, by proclaiming his willingness to devote his life to his inferiors at the price of robbing his superiors. It is this foulest of creatures — the double-parasite who lives on the sores of the poor and the blood of the rich — whom men have come to regard as a moral ideal. And this has brought us to a world where the more a man produces, the closer he comes to the loss of all his rights, until, if his ability is great enough, he becomes a rightless creature delivered as prey to any claimant — while in order to be placed above rights, above principles, above morality, placed where anything is permitted to him, even plunder and murder, all a man has to do is be in need. Do you wonder why the world is collapsing around us? That is what I am fighting… Until men learn that of all human symbols, Robin Hood is the most immoral and the most contemptible, there will be no justice on earth and no way for mankind to survive
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