Unfortunately, the agenda quickly overshadowed the Republican efforts via the Civil Rights Acts to guarantee equal access to opportunity. Instead, the Democrats opted to control the less fortunate through program funded via the redistribution of wealth -- the government taking what is yours to both consume, waste and to pass on to others allegedly less fortunate. And these efforts included exponentially growing forms of government ponzi schemes, like the alleged Social Security Trust Fund.
While our founding forefathers believed in individual liberty and freedoms, most of them also subscribed in some form or fashion to the principles detailed in a set of Judeo-Christian principles often called the 10 Commandments. And one of those principles was don't covet another person's property (which included their money). Yes, there was a short period time when some colonist experimented with communal living but soon learned that slackers soon consumed the product of those that worked to the point that no one wanted to work. It didn't take long of them to return to "if you don't work, you don't eat" policy. Time for us to do so again in America.
And, before getting sidetracked, working didn't not mean that a person's work was from a list of either a "bad" jobs or a "good" jobs. Unlike today, Americans just 30 to 40 years ago considered all work was of value to society as long as it was not immoral or illegal. Unfortunately, the American judgmental public education system started classifying jobs as "bad" or "good" jobs.
Rich's article begins with a focus on the UN but ends focusing on today's America. This message needs to be detailed and repeated often. Stop the redistribution of wealth; return to a free market system.
Actually this isn’t so much a belief (or theory) as it is an incontrovertible economic law. Unfortunately, this law has been willfully ignored by Barack Obama and his congressional allies, who have rung up trillion dollar deficits as part of an ongoing socialist crusade to “spread the wealth around” here in the United States.
A rising tide lifts all ships, the old cliché goes — while teaching a person to fish will feed them for a lifetime, not just one day.
These fortune cookie truisms — ignored both at home and abroad — were lent vital new expression earlier this month when the United Nations effectively acknowledged that its global wealth redistribution scheme has failed to eradicate poverty as efficiently as good old-fashioned capitalism.
In the UN’s “Millennium Development Goals Report 2011” — released on July 7 to virtually no American media coverage — the international organization acknowledged that poverty rates were falling fastest in those nations which have embraced free market reforms.
“The fastest growth and sharpest reductions in poverty continue to be found in Eastern Asia, particularly in China, where the poverty rate is expected to fall to under five per cent by 2015,” the report notes. “India has also contributed to the large reduction in global poverty. In that country, poverty rates are projected to fall from 51 per cent in 1990 to about 22 per cent in 2015.”
Meanwhile in Sub-Saharan Africa — which has received the lion’s share of foreign aid over the last half-century — there have been negligible reductions in poverty. Not only that, there is increasing empirical evidence to suggest that the massive aid being dumped into this region has actually suppressed economic growth while perpetuating popular dependence and government corruption.
“Aid has so spectacularly failed to achieve its intended outcomes in Sub-Saharan Africa because high aid intensity is actually associated with an erosion in the quality of governance,” notes a 2009 report in the Stanford Journal of International Relations. “Foreign aid appears simply to increase the volume of funds at the disposal of already corrupt government officials and kleptocratic elites.”
Even studies which argue for the infusion of additional aid into the region acknowledge that the impact of this avalanche of foreign cash is “difficult to pin down” and that its failure to stimulate economic growth is “confounding.”
Of course the UN — which has not-so-cleverly disguised its wealth redistribution scheme under the guise of climate-friendly “green investment” — isn’t the least bit confounded. Even as its own data conclusively proves the efficacy of free market reforms (and the futility of government handouts), the global bureaucracy is once again inexplicably upping the command economic ante.
After paying lip service in its millennium report to the creation of “conditions in which people are able to carve out and sustain a livelihood,” a separate UN paper released earlier this month proposes the largest wealth transfer in human history.
As part of a $72 trillion plan to “overcome poverty, increase food production to eradicate hunger … and avert the climate change catastrophe,” the UN wants to shift $38 trillion from wealthy nations to developing nations over the next four decades. That staggering sum is more than twice America’s annual gross domestic product — to say nothing of its $14.3 trillion debt.
America simply cannot afford to continue pouring tax dollars into failed wealth redistribution schemes — whether at home or abroad. Not only are these plans destined to fail, but they actually prevent the free market from reducing poverty.
Tags: Barack Obama, Free Markets, poverty, Redistribution of Wealth, United Nations, lie, Lyndon Johnson, War on Poverty, Howard Rich, Americans For Limited government To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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