Obama's good friend Oprah had a homeless man on her show last year. This man was invited to be part of a documentary where he agreed to allow a camera crew follow him around and document the life of a homeless person. Well, little did he know, they had strategically planted a briefcase (filled with $100,000 in cold, hard cash) in an alley where he would be sure to find it, so they could see (and document on video) how it changed his life. And can you all guess how much his life changed? Well, minus a $32,000 dollar truck and A LOT of new debt, it didn't change for the better at all! In fact, he was back on the streets, homeless, hungry, and broke again in no time. You can read a short article about it here.
What does this tell us? Well, that stealing from the rich to give to the poor, is NOT the answer, for starters. ***And hello, I think I am in the perfect position to say such a thing...have you seen my car? I'm one of the "poor" ones people! (now, just to clarify, I don't think of myself as poor at all -I have an incredible husband, a beautiful son and more joy and blessings than any one person should ever enjoy in one lifetime, but technically, I would be on the receiving end of the "steal from the rich give to the poor" scenario***
But I don't think that it's the government's job to decide what to do with other people's money. (don't even get me started on 150 million dollar inauguration parties that are paid for by everyone who WASN'T on the guest list. ie: you. me.) And why are we punishing the brilliant, innovative, talented, and creative people that are the backbone of our country by taking away the money they have rightfully earned, and giving it to people who haven't done a single thing to deserve it? (myself included) Kyle and I have big plans for our lives. We are going to work our hardest to continue to create a good life for ourselves, but we are going to do it on our own terms-through our own labor, and our own means- NOT with money taken from the pocket of a brilliant man who was living the American dream right up until the government decided it should have a say over where a significant portion of his earnings should go.
Go ahead and research how many people have destroyed their lives after winning the lottery or receiving a large family inheritance. They self destruct because they haven't risen to the necessary mental/emotional/intellectual level to deal healthily with such a windfall.
And what is going to happen to the ingenious inventors, engineers, entrepreneurs, and doctors who are basically being punished for making a success of their lives? Will they be just as motivated to bring their ideas to fruition when they know that those fruits will shortly be harvested and given away? I doubt it. Sure, some rich people are selfish, greedy, and pretty much unlikeable in every way imaginable... but if their greed drives them to build gigantic companies that create hundreds or thousands of jobs for good, hardworking Americans, then so be it. - and I'm certainly not saying that we shouldn't help the poor. Of course we should! We should each do everything within our power to enhance and improve the lives of those in need. We should donate to children's hospitals, medical research, and humanitarian causes throughout the world. We should take action (immediately) to protect children, help neighbors, and make our communities stronger. But we should be allowed to do it on our own terms.
Bill Gates isn't greedily clinging to his billions, and I guarantee that the ginormous piles of money he has donated to worthy causes has been used more efficiently and effectively than ANY money being handled/distributed by the government. Besides, when you take 150 million dollar inauguration balls and 20/20 expose's on fraudulent/lavish/extravagant government spending into account... it makes me fairly (okay, extremely) certain that I don't want the government handling our "steal from the rich and give to the poor funds." Is that so crazy?
And I really agree with what Mr. Mitt has to say (in the article below) with regards to how this country's economic situation needs to be handled. Just as we can't get out of a hole by digging, the government is certainly not going to get out of debt through borrowing.
We're on an economic tightrope. The package that passed the House is a huge increase in the amount of government borrowing. And we've borrowed so much already that if we add too much more debt, or spend foolishly, we could invite an even bigger crisis.
As someone who spent a career in the private sector, I'd like to see a stimulus package that respects the productivity and genius of the American people. And experience shows us what it should look like.
How to boost the economy.
Mitt Romney talks about the stimulus plan on "American Morning."Friday 6 a.m. ET
see full schedule »
Businesses aren't stupid. They're not going to invest in equipment and new hires for a one-time, short-term blip. What's needed are permanent rate cuts on individuals and businesses.
There is a real danger that with trillions of additional borrowing -- from the budget deficit and from the stimulus -- world investors will begin to fear that our dollars won't be worth much in the future. It is essential that we demonstrate our commitment to maintaining the value of the dollar. That means showing the world that we will put a stop to runaway spending and borrowing.
And finally, let's exercise restraint in the size of the stimulus package. Last year, with the economy already faltering, I proposed a stimulus of $233 billion. The Washington Post said: "Romney's plan is way too big." So what critique will the media have for the size of the Obama package?
In the final analysis, we know that only the private sector -- entrepreneurs and businesses large and small -- can create the millions of jobs our country needs. The invisible hand of the market always moves faster and better than the heavy hand of government.
Lola says: The bolded portion above hits the nail on the head! We are primarily relying on big businesses, small businesses, and entrepreneurs to provide the jobs that Americans desperately need. It sure is good to know that they'll be rewarded for it by have a huge percentage of their earnings taken from them when all is said and done. Where do I sign up?
I do not envy Obama. No. No I don't. (But I wish him all the wisdom, goodwill, and good luck in the world. He's going to need it. Any President presiding in this day and age certainly would.)