Monday, May 25, 2009

Work Creates Wealth

Yes, work creates wealth. And no, good old fashion government stimulus, pork barrel, deficit laden spending does not work. By working one can create wealth and this concept can take place of a tickle up effect that this current administration is trying to create through a massive level of governmental spending/debt and redistribution of wealth. The question that still has yet to be answered by multimillionaire politicians in Washington, is why is wealth bad? Why haven't in 60+ years of wealth redistribution by government at all levels hasn't all poverty been eliminated? What is so new about another great society program which penalizes those who work for a living to give to those who choose not to? What we have in 2009 is again the same tired arguments that capitalism is bad and only corrupt special interest government is good. And these same tired arguments are made by multimillionaires who have been able to create their wealth by their power in government. Just look at Chris Dodd and Barney Franks.
In economic terms, work creates wealth. Capitalism promotes wealth. The United States Congress and our current President does neither. And yes work does create wealth.

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