Skip to comments.THE DEATH OF PROSPERITY (in America)
Posted on 07/22/2005 1:40:11 AM PDT by Capitalism2003
click here to read article
I don't need the article to tell me, i feel it each month as the government bends me over and picks my wallet before and after taxes. I'm on the payment program as that's the only way i can afford to pay them on my money they taxed me and penalized me ontop of that so they can get more $$.
Thanks for sharing the article though.
Thanks for posting this. It is a very well written article and hits the nail right on the head.
This article should be posted everywhere it can be read and passed along on the internet.
Only problem is that we have gone too far over the line to ever correct the problem. It has fed upon itself to the point that it cannot be turned around by the weaklings and career politicans who are afraid of losing even a single vote.
The sad part about it is that that a great number of the "elecorate" just don't get it. And those of us that do can do precious little about it.
When I clicked on the link, I thought (from the title) this was going to be yet another mindless anti-Bush screed. Instead, it turned out to be a good article.
My husband and I were just talking about California. A beautiful state, my home state even though I live elsewhere, it is degenerating under the oppression of an overwhelmingly DemocRAT/socialist government. Many entitlements are written into the constitution. While the state declines, the same "from each according to his means" bunch wants to incorporate even MORE socialism, as if the cause of the problem can solve the problem.
First, we get rid of the Democrats. Next, the RINOs. My dream 2-party system is one where two conservative parties compete against each other, and all the power-hungry leftists are separated into little squabbling impotent parties.
True, but America is too big for big government to stop it at this point. Our economy is so huge at this point, I don't know how anyone can say we are not a materially prosperous economy.
hm...maybe I should change the title so more Freepeers will actually read it. Too bad we don't have an edit feature..
Ayn Rand said all of this in 1954. Of course I'd bet she never dreamed that things would go as far as they have in America. It won't be long before "Atlas Shrug's."
For your ping list.
for any of you interested in "shrugging", read some of the commentary/articles on sovereignlife.com (NOT an ad...just advice)
"Too much government is bad for business, bad for the economy and bad for the citizenry."
Amen to that. Sure wish it weren't so late in the game, though. Good article. Thanks for posting that. It's a keeper.
I'm looking for a way to "shrug" right now. I'm tired of being a gun owning individualist and being treated like societies whipping boy.
Cap, Thanks. I will definitely be checking into that one.
Dead, Me too!
Too much government is bad for business, bad for the economy and bad for the citizenry. Its the reason countries fail. In other parts of the world they are lowering taxes and cutting back on government. As a result, they are prospering as never before. Russia, China and India are all going to pass us unless we find a way to reduce the big drag our government puts on our economy.
Bottomline of why we must reform of how we tax, and get government under control.
A Taxreform bump for you all.
If you would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.
Refer for additional information:
As I understand it, a decision was made by the Bush administration early on, maybe even before they were elected, that attacking big government at this point was not only futile but self-defeating because of the political flack it would cause. They decided instead to try to start the turn around by first making what we have work better.
An example is the education bill which is widely considered a cave in and that Bush allowed Ted Kennedy to write in hopes of ending partisanship. That became the conventional wisdom until the NEA discovered the Devil in the details. The bill required accountability from the schools or suffer the loss of federal dollars. There was a gradual implementation giving the schools three years to comply. Well, now is the time to pay the piper and they are squealing like pigs under a gate. In the meantime a number of schools have improved considerably.
There have been other examples that don't come immediately to mind but this administration has put reform into many bills not haled as such.
Great lead-in and a fine expression by Jim Cook. Too bad more of the "anti" posters on this thread don't understand this and take the comments to heart.
This includes, Kennedy's, Kerrys, Bushes, Rockefeller's and on and on. The author had one eye open when he wrote the article.
When a person can spend millions of his own money seeking a seat in this government, it is not capitalism he is looking for, it is power. FDR, a capitalist, found that the way to power was through the US Treasury.
It is incorrect to hang the demise of this country only on the takers, hang it also on the CAPITALISTS that run the country.
Makes you sound sort of like a "taker" when perhaps instead you should become a "voter".
Take a peek at the FairTax act:
I just like to spread the blame around. I agree with the author 100 per cent, however, the takers are not getting anything that the government does not offer in exchange for votes.
I think that's why B. Franklin said something like "... you have a representative republic - if you can keep it ...". He obviously was aware of the dangers of vote-buying with tax money by Congress.
That's why becoming a voter is a good idea - and why the FairTax is also since it limits the sort of hanky-panky that presently goes on with a tax system that can easily hide tax increases on others and grant tax benefits only to selected parties. The FairTax has only a single rate that all pay and no exceptions. Raising taxes to help a few becomes a drag on everyone's wallet.
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