Friday, July 13, 2012

Makers versus Takers

In the words of out beloved freedom fighter, Abraham Lincoln "A house divided against itself cannot stand".  There is an increasingly large number of individuals that are becoming less independent and more dependent on not only the government but those who create the wealth.  There is a battle stirring between the private and public sector in regards to strengthening the economy and increasing job availability for the millions that are out of work.  Arthur Herman compared the outcomes of both sectors over the past 60-70 years incredibly well "
The private sector built the strongest economy in the world.  It armed the free world in World War Two, and then in the three decades after the war turned America into the most prosperous society history had ever seen.  It revived America in the  Reagan and Clinton years, and thanks to the Bush tax cuts brought this country back from economic collapse after 9/11.
In those same years a growing public sector, by contrast, turned Europe into a cesspool of debt, stalled economies, and chronic social dysfunction that’s set the streets of Athens -- and perhaps other European capitals--on fire".
What does this tell us?  We need to focus on the economy and stop taxing the people increased amounts.  If the people have less money to spend, the economy will bot be strengthened and we will ultimately fail.  We need to elect those who are well versed in finance and economic backgrounds.  Trying to save the world when we cannot even support ourselves is irresponsible to the citizens of this nation and we need to demand that out government takes responsibility and turns the power over the private sector to bring us back.

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