This is me on my soapbox. I’m not trying to be impartial.
In Ohio, Obama was approached by a man who said, “Your new tax plan’s going to tax me more.”
Obama replies, “It’s not that I want to punish your success. I just want to make sure that everybody who is behind you, that they’ve got a chance at success, too. And I think that when we spread the wealth around, it’s good for everybody.”
To any American who hasn’t been living under a rock for the past month, this encounter between Obama and an average working American is no news flash. But it defines such a fundamental difference between the Democratic and Republican point of view that I just can’t get it out of my head. The simplicity of it is genius actually. Joe Wurzelbacher, the aforementioned man from Ohio, unintentionally and honestly summarized my overall believe in Capitalism and small government. It’s not right for someone to decide you made too much—-that you’ve done too good and now we’re going to take some of it back.
Capitalism, in its true form, works. Money is naturally distributed when people work for it and then spend their earned money the way they see fit. One person spending money results in another person making money. Competition between companies occurs; the companies differentiate themselves, and market their unique qualities to the public in order to grab a piece of American’s expendable income. There is an incentive to do well. The smarter the strategy, the bigger the risks, the higher the potential return. Those willing to work and take risks will profit.
Profit is not a bad word. People who earn money are not evil. Rich people are not evil. Corporations (the entity) are not evil. It is sad that the Democratic Party tries to vilify those who are able to achieve success. The “rich”, unless they were bank robbers, worked for their money, and may even have been fortunate enough to pass some on to their children. That’s the American Dream.
I am not rich. I am a well educated business professional, of sound mind, and I want what is best for this country. To me, incentive is essential. Ideally, all Americans would have the desire to work, meet their potential, and be rewarded for their actions. In reality, not all people have the same levels of motivation, and that’s fine. But those who do want to achieve success should not be punished. Ok, “punished” might have too much of a negative connotation, but essentially that is what happens when the government starts making judgment calls on how much success is too much. It takes away a persons incentive to do well, knowing that if they reach too far above the status quo, what they earn will just be taken away.
And what about the person receiving the wealth that someone else has earned? What incentive do they have to do better than they are already in their current situation? The government would be giving them fish instead of teaching them to fish, in a sense. Maybe Obama is trying to convince Americans that we’d just be giving them fish until they learn to fish on their own. But again, where is the incentive? I do not want Americans to become so completely dependent on government that they cease to be able to think on their own. Redistributing wealth is not the solution. It brings us a step away from Capitalism and towards Socialism/Collectivism.
If you believe in America, and love this country, you have to believe in the people in it. The larger government becomes the less faith it has in the American people. To me, Obama’s plan is saying “You don’t know how to spend your money correctly, so I’ll spend it for you. Keep on earning money, though, just not too much.” I know how to spend/invest my money and live within my means. If the majority of Americans do not, then that is a sign of a much greater problem that higher taxes will not fix.