Wednesday, October 22, 2008

The dictatorship of the middle class

While unreconstructed leftists like the losers at The Double-Standard talk blithely about "trickle down economics,"  they appear blithely unaware that perhaps the best example of "trickle down" currently in operation is Labour's Welfare for Working Families -- the govt takes money taken from you by force, clips the ticket and gives a small portion back, in return for you showing your gratitude in the appropriate way: in the voting booth.

They're also unaware that their American hero Barack Obama -- who Oprah Winfrey calles "The One" and John McCain calls "that one" -- has now moved on to something new: Trickle Up Economics.  Michael Hurd explains:

      Sen. Barack Obama's philosophy of wealth creation should be called "trickle-up" economics. He believes, and states over and over again, that the worker - and the middle-class employee - is the central unit of economic activity. Karl Marx had a name for this idea. It was called the labor theory of value.
Marxists and Obama liberals believe that the little guy creates wealth and that the rich (i.e., those making more than $200,000 a year) steal that wealth from the little guy. Obama liberals see their mission as one of returning that wealth to the little guy. Incredibly, they not only see this as morally just; they see it as economically feasible and desirable. They actually believe this is the way to create and expand wealth.
The next time you hear Mr. Obama say, "Let's spread the wealth around," this is what he means. It means he ignores the indispensable contribution of the innovator, the risk-taking entrepreneur and the capitalist. You ignore them at your peril because these are the originators of wealth. Without them, there will be less and less wealth for Mr. Obama to redistribute.

The politicians don't care if there's less wealth around. But you should.

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4 Comments:

Anonymous Mo said...

This was by another poster on another forum.

Today on my way to lunch I passed a homeless guy with a sign that read "Vote Obama, I need the money." I laughed.

Once in the restaurant my server had on a "Obama 08" tie, again I laughed--just imagine the coincidence.

When the bill came I decided not to tip the server and explained to him that I was exploring the Obama redistribution of wealth concept. He stood there in disbelief while I told him that I was going to redistribute his tip to someone who I deemed more in need--the homeless guy outside. The server angrily stormed from my sight.

I went outside, gave the homeless guy $10 and told him to thank the server inside as I decided he could use the money more. The homeless guy was grateful.

At the end of my rather unscientific redistribution experiment I realized the homeless guy was grateful for the money he did not earn, but the waiter was pretty angry that I gave away the money he did earn, even though the actual recipient deserved money more.

I guess redistribution of wealth is an easier thing to swallow in concept than in practical application.

OR IS IT.........REDISTRIBUTION OF SOMEONE ELSE'S WEALTH IS A GREAT IDEA..............or just a fool's political game ??

10/22/2008 10:21:00 am  
Anonymous LGM said...

Brilliant. I must try it!

BTW, Mo, did you try clicking on the Obama picture accompanying PC's post? It links to a site demonstrating the Obama is God campaign that some people seem to believe in. What a pack of tossers!

LGM

10/22/2008 01:32:00 pm  
Anonymous Dawn Patrol said...

LGM -- I say this quote on a website: When little men start casting long shadows you know the sun is setting. Kinda appropriate I think.

10/22/2008 05:10:00 pm  
Blogger OECD rank 22 kiwi said...

Obama's tax policies are rubbish.

Let's hope the voting public of America wake up and vote for John McCain.

10/23/2008 02:11:00 am  

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