Saturday, August 13, 2011

EAT THE RICH


Twice now I've had the conversation with people that we should call the rich's bluff and let them leave. When discussing what will happen when we tax them to highly. But let's think a minute about what would happen if we did that shall we. The thing that immediately concerns me is that we'd loose our most productive individuals. The ones who had proven in the harshest test of all that they can get things done that benefit, indeed keep alive, their fellow man, the market place.

Now they're gone, but our needs for their goods and services are not. So what do we do? We are forced to bring in our second string. These are not bad guys, but they are not as good as their former competitors or they'd have been run out with the competitor. Now eventually, in a generation or two we'd breed a new first string, and they'd figure it out for themselves.




But what happens during those generations? Well we suffer shortages in goods and services. Our beans aren't canned, our cars aren't built properly, and clothing falls apart. Some of us probably suffer directly from hunger simply because the mechanisms that bring us our foods are now far less efficient than they had been. In short we have huge amount of suffering to go through while our market place breeds new efficiency. We probably don't die off as a race or anything, but it wouldn't surprise me that some of us die of malnutrition, hunger, or disease because food couldn't be delivered fast or with high enough quality to them.



Now let's assume that we survive that transition, and we've gotten back on track with the production of our goods and services. Great. But guess what? The market has made those that guided us through that transitions WEALTHY! And, we have accomplished the dubious goal of exchanging one set of wealthy people for another set of wealthy people at great price in suffering and possibly human life.

Is that really the intelligent thing to do?

I think not. I think instead we should study the rich, and teach their methods to our children via Dave Ramsey's or Dr. Thomas Stanley's works. Then we should emulate them. As I've said in the past, if you make more rich people the result will not be more poverty.

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