Monday, July 29, 2013

Income Inequality Morally Wrong?

In President Obama’s latest speech, he promised to place all of his efforts on building, supporting, growing, helping, whatever, the “middle class.” The problem is that this president doesn’t understand how the “middle class” becomes a middle class. A quick side note: we fought to end a class system so I like to call it the “opportunity class.” But that aside, let’s look at why we in the US have more people in a position to live a comfortable life.

We are the only nation in the world that was founded on economic freedom. Individuals that created things, provided services, and followed their dreams and desires were able to interact with others without being encumbered by government. Throughout most of our early history we had what was often referred to as “Laissez Faire” economic policy. Basically, people could trade and barter between each other to create wealth. This economic freedom is the reason so many Americans had the opportunity to live a productive life rather than a life of subsistence as was, and still is, the way of most of the rest of the world.

Economic freedom within the rule of law is the reason we have an opportunity class. The people that created stuff needed people to work for them. The people working for them learned trades and craft and often went out and started something of their own to create more wealth. Millions of economic transactions between people without the meddling of government allowed for wealth to be created and therefore an opportunity class formed. It is not a stagnant class of people. People move in and out of the opportunity class.

Some people move to an ownership opportunity and amass wealth that enables them to live an even more comfortable existence often supporting charities and people who are less fortunate. Other people of the opportunity class squander their wealth and have to start over because of bad choices or circumstances. But the main point is people working in this free environment have an incentive to keep trying in order to move up or stay put.

When this president talks about a “middle class” what he sees is a class of people that are victims of circumstance. They take jobs and their opportunity is determined by some “rich capitalist.” He comes from a school that subscribes to people needing the help of government to succeed. Without the government to take the wealth created by others, these people would starve or remain in poverty. This system and this president don’t believe in the people to take care of themselves even though it is the reason we are so wealthy. So when he talks about growing the middle what he means is that by taking from the opportunity class is the only way to make it fair. To this president re-distributing income is how you grow the middle and punish those greedy capitalists. That is the exact formula for destroying opportunity for the most people.

It is why we continue after 5 years of this policy to see poverty rise and opportunity diminish. So the question to this president is how is income equality fair? Why keep growing government when what we need is more economic freedom? Government is a necessary evil. The people in government are not necessarily evil, but the function of government always ends up spreading evil. Poverty, ignorance, hunger, homelessness are the result of government intrusion in our economy. Making everyone equal in poverty is immoral…

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