Filed under: Capitalism, Economy, Election 2020, Free Markets, Politics, Progressivism, Taxes | Tags: Green New Deal, Medicare for All, Spending, Tax Cuts
You see it again in the current political campaign. Democrats want to buy your votes, with, say, “Medicare for All”, or “The Green New Deal.” The basic problem with this is not just that such programs would be absurdly costly. The problem is that the federal government has no money of it’s own, and can only “give” you these wonderful benefits by raising your taxes. Of course they say — not yours, just the taxes on the very wealthy, Big Business, rich people. Part of the problem is that Big Business and those who run those big businesses are those who create and fill good jobs.
Republicans want to cut taxes, not just on the rich as Democrats pretend, but on everybody, because that allows businesses to grow and expand, offer new products, and gives those who want to start businesses a little extra to do it with. And that is a very good thing. It allows people, the unemployed, to rise. The February Jobs report showed the economy’s payrolls soaring by 273,000 new jobs. And many more want to hire. Congress is talking about adding more visas for temporary workers. If the unemployed want jobs, they can probably get one. Average hourly earnings increased by 0.3%. Looks like a good climate for graduating seniors.
I think that because Democrats see themselves as morally superior, and the Republicans as lesser beings, giving stuff is seen as the way to garner votes. I think that people would rather have a good job than be given stuff, they want to provide for their families themselves, and they want to work hard and advance. And the gifts Democrats want to give people end up costing far more than was planned and everybody has to pay.
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