Wealth
Ayn Rand said that one of the greatest indicators that America is an exceptional country, is that it is the first society in the history of civilization to use the phrase "make money". Americans have instinctually understood that wealth is created, it isn't stolen or borrowed. It isn't a finite pie. It's an ever-expanding pie and everyone can have a bigger piece just because the darn economy keeps getting bigger.
Wealth is created every time someone voluntarily trades something for something else. Working for a paycheck is worth the time I spent. Buying a car is worth the money I spent, which I earned by spending my time. Buying gas for the car, earned from the time I spent at work, is worth the price. The gas station thinks so too. We're both better off every time I fill my tank. I have a full tank of gas and they have another sale. Win, win. Wealth was created.
The more rapidly wealth is created, the more rapidly the economy grows. Conversely, when wealth creation is inhibited, the economy stalls.
The free market is inhibited with things such as taxes and regulations. Although some are necessary, all are inhibitors. There is a price in reduced wealth that must be paid for every tax or regulation. When taxes and/or regulations become overwhelming, the economy collapses. See Greece or California for details.
An uninhibited free market can do remarkable things. The Colonies of the 18th Century became the worlds' only sole superpower since the Roman Empire in the 21st Century. And it would have happened sooner if capitalism wasn't hijacked in the early 20th Century. The march toward socialism has slowed Americas' growth, but the momentum from the burst of the 1800's through the Roaring Twenties has propelled this country to its elite status. Just imagine if it wasn't sabotaged.
America is in decline, but it is completely voluntarily. The voters have chosen socialism over capitalism. The politicians are only responding to their voters wishes. This is actually the way America is supposed to work. We are voting ourselves into serfdom.
If it's really "The Economy, Stupid", then voters should look for candidates that want to help businessmen. Not crony capitalists! I'm with the socialists on that side of hatred for businessmen. Crony Capitalists are every bit fit for prosecution as their political enablers. Politicians who champion less regulation and lower taxes are championing the positions that will most quickly lead this economy to recovery. It will not be soon, but it will be the right direction. The Tea Party candidates are taking this country back in the right direction.
Socialism has failed every place it's been tried. Capitalism succeeds everywhere. Even China. If people value their ideology over wealth, I actually respect that. Just don't make the rest of us pay for your ideology.
Wealth is created every time someone voluntarily trades something for something else. Working for a paycheck is worth the time I spent. Buying a car is worth the money I spent, which I earned by spending my time. Buying gas for the car, earned from the time I spent at work, is worth the price. The gas station thinks so too. We're both better off every time I fill my tank. I have a full tank of gas and they have another sale. Win, win. Wealth was created.
The more rapidly wealth is created, the more rapidly the economy grows. Conversely, when wealth creation is inhibited, the economy stalls.
The free market is inhibited with things such as taxes and regulations. Although some are necessary, all are inhibitors. There is a price in reduced wealth that must be paid for every tax or regulation. When taxes and/or regulations become overwhelming, the economy collapses. See Greece or California for details.
An uninhibited free market can do remarkable things. The Colonies of the 18th Century became the worlds' only sole superpower since the Roman Empire in the 21st Century. And it would have happened sooner if capitalism wasn't hijacked in the early 20th Century. The march toward socialism has slowed Americas' growth, but the momentum from the burst of the 1800's through the Roaring Twenties has propelled this country to its elite status. Just imagine if it wasn't sabotaged.
America is in decline, but it is completely voluntarily. The voters have chosen socialism over capitalism. The politicians are only responding to their voters wishes. This is actually the way America is supposed to work. We are voting ourselves into serfdom.
If it's really "The Economy, Stupid", then voters should look for candidates that want to help businessmen. Not crony capitalists! I'm with the socialists on that side of hatred for businessmen. Crony Capitalists are every bit fit for prosecution as their political enablers. Politicians who champion less regulation and lower taxes are championing the positions that will most quickly lead this economy to recovery. It will not be soon, but it will be the right direction. The Tea Party candidates are taking this country back in the right direction.
Socialism has failed every place it's been tried. Capitalism succeeds everywhere. Even China. If people value their ideology over wealth, I actually respect that. Just don't make the rest of us pay for your ideology.
posted by BoiseJag at 8:00 PM
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