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The beginning of a protest movement against Barack Obama’s redistributive policies is underway. Though still small, every movement starts somewhere. While called the “Tea Party” after the Boston Tea Party, this movement is similar to movements throughout history where the producers of society refuse to have their property and income confiscated. This movement can succeed if it does not stop at protest and includes changes in economic behavior. Obama’s redistributive plans require higher taxation, but higher tax plans (to be announced this week by Obama) are based on the fallacy that the “rich” will not change their economic behavior in reaction to higher tax rates. History tells us, however, that economic redistribution plans fail because the producers of society would rather not produce, than have the fruits of their production taken away and given to others. Obama can raise the tax rates on income, but he cannot force people to generate income to be taxed. People may just say “no.” This resistance will not come from evading taxes, but from evading taxable income. In the end, as must all economic redistributors, Obama either will have to resort to repressive measures, or he will have to abandon his redistributive plans. [...] http://therealbarackobama.wordpress....evolt-edition/ If Government Keynesian spending were the answer the U.S.S.R. would have won the Cold War. 0baMa0 is purposefully weakening America. The Liberal Fascist Socialists will strike when Capitalism is at its weakest. It is written in their manifesto. During Capitalist strength they negotiate peace. During Capitalist weakness they will strike. To all Freedom loving Capitalists - Prepare yourselves. |
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