Dad2three
Gold Member
Libertarians want government limited to those functions which only government can do. Most of us would generally agree with police, military, civil and criminal courts, roads, management of limited resources and recognition of property rights. I am not referring to anarchists who want no government here who like calling themselves libertarians, I am referring to the masses of us who want government limited, not eliminated.
Fiscal polices. We want taxes, but we want them low, flat and for the good of the people as a whole and not used for income redistribution. The left are the extremists here not only punishing success and harming employers, but even using tax COLLECTION as a welfare program with refundable tax credits. We are moderates, taxes should be reasonable and to fund the government, not implement social policy. And spending should be within our means.
Social policies. Socons go to church (or other religious institutions) then go to government to implement morality by force. Clearly they are the extremists. Libertarians believe they should have the right to persuade people to live moral lives, they should not have the right to force their morality on them. We are, the moderates.
NeoCons. We want the military used for the defense of the United States. We don't want to be policeman to the world like the right, we also don't blame our troops for the failures of our politicians like the left. And we don't want them in everyone's back yard, like both sides do. We are moderates, protect and defend, don't use force to make other's decisions just like we don't want government making our decisions here.
Republicans and Democrats are just so deep into the question of what government can do to impose their social and fiscal wills on us, they have stopped even asking the question, should government even do that? Do we have the right to make that choice for everyone and use force to impose it on all our citizens? Libertarians are the moderates, that is the first question we ask, that is the right question to answer before proceeding any further.
I wish I could live in fantasyland like the libertarians. Sadly, I have to live with facts and reality.
Aristocracy vs Wealth Redistribution-- What Did the Founding Fathers Say?
If there was one thing the Revolutionary generation agreed on and those guys who dress up like them at Tea Party conventions most definitely do not it was the incompatibility of democracy and inherited wealth.
With Thomas Jefferson taking the lead in the Virginia legislature in 1777, every Revolutionary state government abolished the laws of primogeniture and entail that had served to perpetuate the concentration of inherited property. Jefferson cited Adam Smith, the hero of free market capitalists everywhere, as the source of his conviction that (as Smith wrote, and Jefferson closely echoed in his own words), "A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural." Smith said: "There is no point more difficult to account for than the right we conceive men to have to dispose of their goods after death."
The states left no doubt that in taking this step they were giving expression to a basic and widely shared philosophical belief that equality of citizenship was impossible in a nation where inequality of wealth remained the rule
Stephen Budiansky's Liberal Curmudgeon Blog: Adam Smith, Thomas Jefferson, and other fellow travelers
I hope we shall crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
- Thomas Jefferson
"Many of the opposition [to the new Federal Constitution] wish to take from Congress the power of internal taxation. Calculation
has convinced me that this would be very mischievous." --Thomas Jefferson
Why Thomas Jefferson Favored Profit Sharing
By David Cay Johnston
The founders, despite decades of rancorous disagreements about almost every other aspect of their grand experiment, agreed that America would survive and thrive only if there was widespread ownership of land and businesses.
George Washington, nine months before his inauguration as the first president, predicted that America "will be the most favorable country of any kind in the world for persons of industry and frugality, possessed of moderate capital, to inhabit." And, he continued, "it will not be less advantageous to the happiness of the lowest class of people, because of the equal distribution of property."
The second president, John Adams, feared "monopolies of land" would destroy the nation and that a business aristocracy born of inequality would manipulate voters, creating "a system of subordination to all... The capricious will of one or a very few" dominating the rest. Unless constrained, Adams wrote, "the rich and the proud" would wield economic and political power that "will destroy all the equality and liberty, with the consent and acclamations of the people themselves."
James Madison, the Constitution's main author, described inequality as an evil, saying government should prevent "an immoderate, and especially unmerited, accumulation of riches." He favored "the silent operation of laws which, without violating the rights of property, reduce extreme wealth towards a state of mediocrity, and raise extreme indigents towards a state of comfort."
Alexander Hamilton, who championed manufacturing and banking as the first Treasury secretary, also argued for widespread ownership of assets, warning in 1782 that, "whenever a discretionary power is lodged in any set of men over the property of their neighbors, they will abuse it."
Late in life, Adams, pessimistic about whether the republic would endure, wrote that the goal of the democratic government was not to help the wealthy and powerful but to achieve "the greatest happiness for the greatest number."
http://www.newsweek.com/2014/02/07/why-thomas-jefferson-favored-profit-sharing-245454.html
Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory
The conclusion?
Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nations economic growth.
This paragraph from the report says it all
The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.
These three sentences do nothing less than blow apart the central tenet of modern conservative economic theory, confirming that lowering tax rates on the wealthy does nothing to grow the economy while doing a great deal to concentrate more wealth in the pockets of those at the very top of the income chain.
Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes
Founders Established 'The Common Good
John Adams, Founding Father and 2nd President; Thoughts on Government, 1776:
"Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for the profit, honor, or private interest of any one man, family, or class of men; therefore, the people alone have an incontestable, unalienable, and indefeasible right to institute government; and to reform, alter, or totally change the same, when their protection, safety, prosperity, and happiness require it."