A Quote by George Will
Big government inevitably drives an upward distribution of wealth to those whose wealth, confidence and sophistication enable them to manipulate government.
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I think, with Obama and the progressives, you've seen a massive expansion of big government, and it's all based on a moral premise. The moral premise is that wealth is theft. And I don't just mean the wealth of America, I mean, your wealth, my wealth.
The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution ?families that in 2013 had a net worth between $81,000 and $1.9 million ?held 43% of wealth in 1989 and only 36% in 2013.
If wealth is accumulated in the hands of a few, either by a feudal or a stock monopoly, it carries the power also; and a government becomes as certainly aristocratical, by a monopoly of wealth, as by a monopoly of arms. A minority, obtaining a majority of wealth or arms in any mode, becomes the government.
I am totally in line with the fact that I think wealth distribution for carmakers needs to be redimensioned to allow labor to take a piece of that wealth distribution.
Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
There is a legitimate concern about wealth distribution in the United States, but the answer is not to scapegoat any individual who makes over $200,000 per year and to try to sell the fraud that the government can equitably take the money of those who have earned it and give it to those who haven't.
Tax time approaches, and Americans are as always paying H & R Block billions to help them save some of their wealth from their ravenous government. Pitiful, in a way: it underlines the grim but
unacknowledged fact that the government is their enemy and they have to hire protection from it. But don't we enjoy 'self-government'? Well, if we have it, I'd hardly say we enjoy it. True, we aren't being taxed by the monarch of Great Britain, but our American-born rulers claim far more of our wealth than the British monarchs ever did.
Republicans controlled the federal government for decades after the Civil War, and their policies funneled wealth upward -- with dire consequences. In 1893, the economy crashed, and too few Americans had enough purchasing power to revive it. Lincoln had been right: Government that served the wealthy would ruin the country.
Never forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted.
The government can destroy wealth but it cannot create wealth, which is the product of labor and management working with creation.
The laws and conditions of the production of wealth partake of the character of physical truths. There is nothing optional or arbitrary in them ... It is not so with the Distribution of Wealth. That is a matter of human institution solely. The things once there, mankind, individually or collectively, can do with them as they like.
One whose knowledge is confined to books and whose wealth is in the possession of others, can use neither his knowledge nor wealth when the need for them arises.
I think that the spirit of America is still very much one of where people want to work hard and the majority of people want to work hard. They want to be entrepreneurs. But when you have that all taken away with government regulation or with government overbearance of taxation, you start to wonder whether if it's even worthwhile because who are you really working for? Are you working for yourself, are you working for the government? In the end, this wealth distribution scheme that's at the heart of the current political administration is an inherently wrong one.
Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you -- either by direct taxes, or by the cruelly indirect tax of inflation.
The market economy is very good at wealth creation but not perfect at all about wealth distribution.
Liberals say they are for civil liberties and personal freedom, but they continue to advocate government regulation of business, redistribution of wealth, and various forms of social engineering to manipulate human relationships and attitudes.
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