First off, let me say that I do not hate Pres. Obama like some of the right-wing nut jobs in our country. I also don’t automatically disagree with everything he says or does, like those aforementioned nut jobs (I mean, nobody could be wrong 100% of the time even if they tried!!). But DAMN, Mr. President, you talk on television about how you’ve lowered taxes for three years, yet directly underneath you are the words, BUSH TAX CUTS! Two months ago, you were opposed to ANY extension of these Bush tax cuts, but now…now, it’s re-election time and its time to do what works, what sells.
So what does work? More jobs? Less taxes? No….what works is ‘the government getting the hell out of the way’ and letting people compete. Capitalism…not socialism. I understand that this is his ‘FIRST’ job but surely someone has advised him on the particulars of how a job is created, right? Surely he realizes who creates these jobs, right? Certainly he must grasp the fact that high taxes, forced healthcare, more restrictions, and more regulations will hurt this country, right? Well, obviously not. Wait, you don’t think he’s doing this on purpose, do you?
Just as a chain letter or Ponzi scheme can’t work in the long run, likewise, collectivism, socialism, etc…is unsustainable in the long run because it is based on a theory that is flawed. Socialism and heavy government run systems that fail because they disregard basic principles of human behavior: incentives and competition. What’s happening in Europe, the US, and now China, can be traced back to one specific flaw that guarantees failure – governments eliminating incentives. We can feel that happening here in the US; our mentality becoming a “Why should I?” mentality.
In our economy, incentives are the backbone of driving our our country forward. Capitalism is based on the theory that COMPETITION IS REQUIRED and that INCENTIVES MATTER!
Under socialism (or liberalism) incentives play almost no role and are virtually disregarded. Socialism (or liberalism) is a philosophy that goes against the very fabric of human nature and is therefore must fail. Socialism is based on the theory that COMPETITION IS IRRELEVANT and that INCENTIVES DON’T MATTER!
Capitalism will be the biggest player in this global revival of liberty and freedom and prosperity because it prods humanity, inspires creative thinking, and instills the enterprising spirit in all human beings. Providing incentives promotes desire, effort, and efficiency. Capitalism creates wealth. Period. The government does not, never has, and all the evidence you need is in the history books…and those books speak volumes to this.
I understand some people ‘feel better’ by thinking of themselves as fair-minded and kind and wanting everyone to get everything they want. But that mentality is crippling – that type of ‘kindness’ is destructive. People must compete. People must win. People must lose. It’s in our nature, at our very core. The lazy man should not be rewarded on par with the working man. Our president disagrees with that. I understand that and I will never hate him as a person because of it. That’s a terrible thing. But facts are facts, Mr. President – - the difference between my capitalism, my Reagan-omics, my trickle-down, my less govt. and your be-all, do-all, tax-all, everything-for-all socialism is this: Capitalism works. Your philosophy does not. It never has. Never.