Saturday, December 31, 2011

Robbery or recovery?

Gallup says 82 percent of Americans think it’s extremely or very important to “grow and expand the economy.”
That's not what the Obamacracy is doing. They are indulging in class warfare.
According to the same poll, 46 percent say it’s important to “reduce the income and wealth gap between the rich and the poor.”
That's less than half but higher than one would expect -- unless you accept the Obama solution, which is to make the rich poor as a means of equalizing.
Conservatives prefer to make the poor rich. That's what growth does. During the golden era of Reagan, all income segments saw rising incomes. Class warfare didn't work. Why worry about what someone else is earning, if you own paycheck is growing?
The question was poorly phrased because it left open how equality would be achieved.
Another question gives us more insight. Seven out of 10 people say it’s important to “increase equality of opportunity for people to get ahead.”
So, a vast majority of Americans think equal opportunity and growth are important. If so, they are conservatives.
Socialists think big government that robs the rich to pay the poor is more important than growth and prosperity.
Where they think the money for their scheme is going to come from is anyone's guess.
Maybe they actually believe the government's assumption under "static analysis" of tax proposals, which is that a 100 percent tax rate would produce a payment of 100 percent. In other words, people gladly would work all year and turn over their entire income to the government.

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