stopwhining

Why Economic Dogma Threatens Our Future Prosperity

Herein lies the ultimate question. Is a person entitled to keep what he/she earns since gains are ultimately a product of superior efforts, or is success equally a product of luck, timing, and surroundings? If the former, then taxes should be low and spending reduced along with it, if the latter, then everyone should get over themselves and chip in for the greater good.

We all like to believe we rise or fall on our steam, but based on those I've met in this world, I would only ascribe 50% of any given outcome (on average) to the underlying persona.

Bring back the estate tax, raise taxes on the wealthy, lower gov't spending across the board, nationalize healthcare, and provide economic incentives to help make the U.S. energy independent. These are the keys to our long term success, but I have no confidence that they will be undertaken.