On the one hand, the free market, the vehicle to prosperity and liberty. On the other, the desire to balance material wealth, that chimera called ‘income equality.' One is based on reality, the other a wish for what has never been, and never will be…no matter how many are slain in the attempt.
The problem is the social consequences of life in a knowledge-based economy, where education and ability disparities drive income disparity.
Political differences, therefore, are based on lies told by government. Government school grads believe them.
1. “A society that values individualism, enterprise, and a market economy is neither surprised nor scandalized when the unequal distribution of marketable skills and inclinations produces large disparities in the distribution of wealth. Long experience with government’s attempts to use progressive taxation to influence the distribution of income suggests the weakness of that instrument and the primacy of social and cultural forces in determining the distribution of wealth.” George Will, “The Conservative Sensibility,” P.281
2.The highest rewards are offered to those who delay gratification, and obey the well-known three rules of avoiding poverty.
1. Graduating from high school.
2. Waiting to get married until after 21 and do not have children till after being married.
3. Having a full-time job.
If you do all those three things, your chance of falling into poverty is just 2 percent .Meanwhile, you’ll have a 74 percent chance of being in the middle class.
Applies to everyone
These rules apply to all races and ethnic groups. Breaking these rules is becoming more commonplace, unfortunately, for all racial groups."
Three rules for staying out of poverty
Consider what would happen to the welfare roles if it was restricted to only individuals who could prove that they have followed those three rules, yet remained in poverty. Or, explain why we don’t mandate that requirement.
3. Even knowing the ‘rules,’ and that they work for everyone, Liberal/Progressive leaders behave like over-indulgent mothers, never holding their ‘children’ to any self-discipline.
“Government uses redistribution to correct social, meaning market, outcomes that offend it or some its powerful constituencies. But government rarely explains, or perhaps even rarely recognizes, the reasoning by which it decides why particular outcomes of consensual market activities are incorrect….taxes are levied not merely in order to efficiently fund government but to impose this or that notion of distributive justice…” George Will, Op.Cit.p. 282
“By 2000, federal transfers had increased to 10.9 percent of GDP, or approximately 60 percent of federal spending;”
Redistribution - Econlib
The fact is, we live in a redistributive society: today, 67% of the federal budget involves transfer payments. (George Will)
Why?
The problem is the social consequences of life in a knowledge-based economy, where education and ability disparities drive income disparity.
Political differences, therefore, are based on lies told by government. Government school grads believe them.
1. “A society that values individualism, enterprise, and a market economy is neither surprised nor scandalized when the unequal distribution of marketable skills and inclinations produces large disparities in the distribution of wealth. Long experience with government’s attempts to use progressive taxation to influence the distribution of income suggests the weakness of that instrument and the primacy of social and cultural forces in determining the distribution of wealth.” George Will, “The Conservative Sensibility,” P.281
2.The highest rewards are offered to those who delay gratification, and obey the well-known three rules of avoiding poverty.
1. Graduating from high school.
2. Waiting to get married until after 21 and do not have children till after being married.
3. Having a full-time job.
If you do all those three things, your chance of falling into poverty is just 2 percent .Meanwhile, you’ll have a 74 percent chance of being in the middle class.
Applies to everyone
These rules apply to all races and ethnic groups. Breaking these rules is becoming more commonplace, unfortunately, for all racial groups."
Three rules for staying out of poverty
Consider what would happen to the welfare roles if it was restricted to only individuals who could prove that they have followed those three rules, yet remained in poverty. Or, explain why we don’t mandate that requirement.
3. Even knowing the ‘rules,’ and that they work for everyone, Liberal/Progressive leaders behave like over-indulgent mothers, never holding their ‘children’ to any self-discipline.
“Government uses redistribution to correct social, meaning market, outcomes that offend it or some its powerful constituencies. But government rarely explains, or perhaps even rarely recognizes, the reasoning by which it decides why particular outcomes of consensual market activities are incorrect….taxes are levied not merely in order to efficiently fund government but to impose this or that notion of distributive justice…” George Will, Op.Cit.p. 282
“By 2000, federal transfers had increased to 10.9 percent of GDP, or approximately 60 percent of federal spending;”
Redistribution - Econlib
The fact is, we live in a redistributive society: today, 67% of the federal budget involves transfer payments. (George Will)
Why?
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