"When you spread the wealth around it's good for everybody"

Obama was out campaigning when he was approached by a plumber named Joe, now affectionately called "Joe the Plumber." This conversation is invaluable because it points out the glaring difference between a free-market society and the Socialism espoused by Barack Obama. In a nutshell, Joe asked the Democratic candidate if he would raise taxes on his small business making about $250,000 per year. Obama's answer was essentially yes, and spent five minutes or so trying to explain to Joe why this would be a good thing for him and the economy.

Here are my three favorite moments during this exchange...


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Obama: "Now look, nobody likes high taxes..."
Joe: "No, not at all."
Obama: "Of course not."
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Obama: "I just want you to be clear – it’s not that I want to punish your success – I just want to make sure that everybody who is behind you – that they’ve got a chance at success too."
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Obama: "I think when you spread the wealth around, it’s good for everybody."
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Nobody likes high taxes, but that is precisely what Barack Obama wants to give those Americans living out the American Dream. He says he doesn't want to punish successful Americans - the ones creating jobs - but that he only wants to make sure everyone earning a lesser amount of money has a chance at success too. Umm ... don't all Americans have an equal chance at success?

Michael Medved made an excellent point today on his program when he said that the government does not create prosperity or wealth. Individuals and businesses do that, and the less government we have in our lives the more prosperous our nation becomes.

Obama wants to "spread the wealth around." This is classic Socialism folks. This is disgusting, absolutely disgusting. Not only is it unfair, but the long-term effects of this kind of economy are devastating because it removes the incentive to succeed. If under Obama's plan people are taxed more who earn $250,000 then incentive to earn more than $250,000 goes away! Plain ol' common sense.

Socialism is an irresponsible and immature attempt at a quick-fix, failing to recognize the need for incentive to drive economic growth.

Oy vey,
Rusty