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Politics : Politics for Pros- moderated

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To: Joe Btfsplk who wrote (421781)4/14/2011 7:14:16 AM
From: Bearcatbob2 Recommendations  Read Replies (1) of 793843
 
"In times past "we" seemed to do a better job relative to the national level of wealth. What changed?"

This whole issue of wealth distribution is something that I find everywhere in leftist discussion groups. It is largely used as a reason to justify higher tax rates - which I do not see would have any impact on wealth distribution.

What has changed? First, I have never thought I had less because others have more. The left sees wealth as not earned but stolen.

Perhaps the issue is in what is wealth. If wealth is counted in stock assets - clearly CEOs have a lot of wealth - but much of it is not cash. Should they be forced to give their shares to whom - the government?

One thing that has seriously changed is what is required to prosper in our society - education and individual drive. An educated driven person can prosper. An uneducated and undriven person will not.

As long as we have a capitalistic system there will be winners and losers. The change in the world economy has created an environment where it is far easier to be a loser - hence - the emergence of takers via the political system. If they cannot earn it - they simply want to take it via the ballot box.

Bob
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