"Wealth Creators vs Wealth Spreaders"
Traditional peasant societies believe in only a limited amount of good. The more your neighbor earns, the less someone else gets. Profits are seen as a sort of theft; they must be either hidden or redistributed. Envy, rather than admiration of success, reigns.
In contrast, Western civilization began with a very different, ancient Greek idea of an autonomous citizen, not an indentured serf or subsistence peasant. The small, independent landowner — if he was left to his own talents, and if his success was protected by, and from, government — would create new sources of wealth for everyone…
He explains why the wealth creators are biding their time and not hiring. Read it all.
It seems odd to me that anyone would need such common sense explained, and yet, Americans still went ahead and elected a peasant-minded President.
via The American Spectator (cartoon via RedPlanetCartoons)
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The ant and the grasshopper syndrome – excep now a burdensome bloated bureaucracy of non-value added government stands in for the unproductive grass hopper. Still the motive is the same – redistribute the wealth of the productive to the non productive. Charity is one thing, state enforced robbery is another.
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