Barack Obama’s Plan for Redistribution of Wealth

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Getting closer to Socialism and Communism, Barack Obama wants higher taxes on the “wealthy,” and the money will essentially be redistributed to the not-so-wealthy.

Obama says: “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.”

He also says: “I think when you spread the wealth around, it’s good for everybody.”

So income redistribution is good? It’s the government’s job to take away our money and decide how to pass it out to everyone? Who says that the people “behind” the man in the video below don’t have a chance of success? Of course they have a chance! It’s America! There are a zillion opportunities for success for those who want to put forth the effort.

If you’ve never read about Socialism or Communism, you should. We have seen that neither work well to create prosperous nations. They have both been a dismal failure from an economic standpoint, and it’s not making people happy either. These are simply failed systems that Obama wants to institute here. Why haven’t we learned from the failures of the past?

If you’ve ever visited a former Socialist or Communist country you know what dire problems they are having trying to recover from the failure of these systems. Capitalism does work, and our economy and society have proven that again and again.

Having “classes” of people isn’t the horrible thing that some make it out to be. In this country, we have every opportunity to become part of another “class” if we’re willing to work hard enough to get there. Why shouldn’t that hard work be rewarded with the fruits of that labor? Why should government be able to swoop in and snatch it away from someone?

Capitalism shouldn’t be allowed to run wild. There must be some regulations and protections in place. But the fewer, the better. It’s when the government gets too involved that the systems go bad.

The current financial crisis is just a sampling of what’s to come economically if Obama is elected. You think this is bad? It’s clear that the government getting involved (starting with pushing incentives for home ownership, backing mortgages to the point that banks didn’t care how risky the loans were, etc.) has only made things worse. Wait until Obama is into everyones’ homes and wallets.

Instead of allowing the markets to work and creating incentives for people to innovate and start businesses and create jobs… there will be disincentives to do so. Why take the risk of starting a business venture, when the reality is that if you happen to be successful, you’re going to lose 40% of your profits to Obama’s engenious tax strategy.

At the same time, we shouldn’t be handing out money to those who are not working, are working below their capabilities, or aren’t trying to get ahead. We shouldn’t be creating programs that clean up after the poor financial decisions of consumers and allow them to walk away from mortgages and credit card debt without consequences.

It’s time we come back to personal responsibility. Tell government to get out of our lives and let us lead them. If we are fortunate enough to work hard and make a lot of money, let us decide how to spend it. Let those who make poor choices live with the consequences. Let’s get over this idea that the government has to “take care of” everyone.

Get people back to self-sufficiency and personal responsibility. Hard working people will not be able to continue to fund all of these programs that allow consumers to wait for someone to clean up their messes. We can’t continue to fund everything for everyone else, from health care, to higher education, to social security, to welfare, to food stamps, and to so much more. People have to learn to care for their own needs, not wait for someone else to pay their way.

If you earn a bunch of money, I say “good for you!” and I hope you have fun doing with it whatever you choose. I don’t think that you should be forced to give me some of it just because I have less than you. You earned it. It’s yours. You should keep it and do with it what you want.

America is not the land of equal wealth for all. It is the land of opportunity. It is a place where anyone who is willing to work hard and sacrifice can build a good life for themselves. But now that life will be taken away and given to others, because shame on me for daring to be “wealthy.”

It doesn’t matter that I may have worked hard and saved and budgeted and been wise with my money. All that matters is that others should have equal wealth. Barack Obama will see to it that my money is taken away and given to those who have less. That’s what he thinks is fair.

One thought on “Barack Obama’s Plan for Redistribution of Wealth

  1. Duped

    I can’t even begin to understand his thinking. How does my working hard lessen the chance for others to be able to do the same?

    This is pure rhetorical nonsense. It is a ploy to get the poor folk to the voting polls, and help him get elected with the promises of getting something for nothing.

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