Free stuff is a lousy way to address wealth disparity
The Aspen Beat,
by
Glenn Beaton
Original Article
Posted By: Big Bopper,
9/5/2022 10:44:00 AM
I’m not convinced that wealth disparity is a problem. I do firmly believe, mind you, that the world is rich enough now that no one should starve or freeze to death, at least not involuntarily, and that the injured or diseased should be given medical treatment.
In America, we’ve achieved that, and more. Poor people in America not only have plenty to eat (as is evident from their physiques) but also have automobiles, air conditioning, color cable television, smart phones, and free tuition.
The wealth disparity complaint is not about starvation or freezing. It’s the complaint that some people have far more luxuries than others.
Reply 1 - Posted by:
Quigley 9/5/2022 10:54:32 AM (No. 1268994)
Kind of like throwing coins out of the carriage as you drive through town. I guess it keeps the peasants scrambling for scraps; too busy to notice the pooper who burns 700,000 pounds of jet fuel every week to sleep in a different bed and proclaims the peasants shall not use gasoline.
9 people like this.
Reply 2 - Posted by:
mifla 9/5/2022 10:54:43 AM (No. 1268995)
The driving force is not charity, it is vote buying.
20 people like this.
Reply 3 - Posted by:
Maggie2u 9/5/2022 11:55:28 AM (No. 1269038)
True story...A few years ago, the Seattle Times had an Op-Ed written by a female college student. She was advocating for free birth control. In the reply section, I said that I would pay for one year's worth of birth control for anyone on a few conditions. That they didn't have tattoo's, hair extensions, acrylic nails, cable TV, a cell phone or a car newer than mine. She replied why did I single out only women. I replied, I didn't say only women, I said anyone. Her answer, and I'm not kidding, was 'heavy lies the heart of an owner of a uterus.' NO KIDDING...I just put down several lines of LOL's and then asked her if she got that from some drug induced party at college. She didn't reply.
10 people like this.
Try playing socialism Monopoly with your kids or grandkids. After every trip around the board you pass GO. If you're in the lead, you must give one piece of property to the player with the least property. Same goes for houses, hotels, etc. Instead of collecting $200, you pay income tax of 35% to be split between the other players. Soon no one is buying property, houses or hotels. Eventually everyone quits trying and just waits for their handout when someone else passes GO.
8 people like this.
Reply 5 - Posted by:
Ida Lou Pino 9/5/2022 12:07:41 PM (No. 1269047)
The best way to eliminate "wealth disparity" - - is to get off your fat duff - - and show up for work every day.
Keep applying yourself - - day in and day out - - do what you're asked to do - - and more - - pay attention to how things work - - listen to successful people - - and shun failures and losers.
Yup - - that's what works - - every time.
6 people like this.
Reply 6 - Posted by:
earlybird 9/5/2022 12:12:19 PM (No. 1269051)
I hope you’re reading this. Beaton states eloquently what we all believe.
6 people like this.
Reply 7 - Posted by:
bad-hair 9/5/2022 12:19:46 PM (No. 1269056)
If you liked Carter you're going to LOVE FJB
People are about to start starving and freezing.
5 people like this.
Reply 8 - Posted by:
wangbuster 9/5/2022 12:29:56 PM (No. 1269063)
Dimocraps use envy to create wealth disparity as one of its schemes to get votes and power. This will always be the case, even if free stuff abounds and taxes are raised on the wealthy (including everybody as the writer states). The question is how do we reduce the impact of envy on our elections. My belief it comes from hard work, pride in self accomplishments, love of family and some form of religion. It certainly doesn't come from belief in lies from dimocraps. Going to bed at night feeling good about oneself is much better than being jealous of your neighbor or the goons on the tube.
3 people like this.
Reply 9 - Posted by:
bad-hair 9/5/2022 12:46:54 PM (No. 1269072)
After walking across the border The "migrant" was asked why he walked all this way.
He said," I want to live someplace where the poor people are fat."
4 people like this.
Reply 10 - Posted by:
davew 9/5/2022 12:49:19 PM (No. 1269075)
Wealth disparity is not the same as income disparity. Most of wealth disparity is the result of laws related to inheritance and "death taxes". In countries like the US and Netherlands the laws allow families who accumulate wealth in assets and savings to pass these on to their heirs using living trusts that avoid probate costs and inheritance taxes. Although the beneficiaries must pay income tax on any distribution taken from the trust's assets, they don't pay tax on the principal that is inherited since this was already taxed.
This means that, over time, the trust's assets can earn vast amounts of compounded interest that is only taxed when the beneficiary takes a distribution. The richest person in Denmark is the heir to the Heineken brewery company that was founded in 1864 and has been earning compounded interest for 148 years.
The secret to wealth is to spend less than you earn, save the difference, and create a living trust that will allow you to pass it on to your heirs. Governments use redistribution of income schemes to buy votes, but the wealth gap in under the control of smart earners across generations.
3 people like this.
Reply 11 - Posted by:
DVC 9/5/2022 1:36:02 PM (No. 1269111)
Wealrhy disparity is mostly due to effort and intelligence disparity, although some real idiots inherit money, and politicians steal it in vast quantities, too.
2 people like this.
Reply 12 - Posted by:
Socio 9/5/2022 2:39:19 PM (No. 1269173)
Wealth disparity is not a problem in the US , it is a choice.
When you have illegal immigrants coming across the southern border, who are not only making enough money to live on but are able to send billions back home Americans have no excuse. If they are starving or freezing it is directly due to the consequences of their own action and inactions.
I agree free stuff is a lousy way to address wealth disparity but it is a great way to perpetuate it, and buy lot votes which is the sole purpose of it.
2 people like this.
Reply 13 - Posted by:
MDConservative 9/5/2022 3:23:40 PM (No. 1269208)
We just tossed away $15 TRILLION on COVIDS and billions more in Afghanistan, Iraq, Syria, and "defending freedom" in Ukraine. We cover the shortfall in contributions by our NATO "allies". We try to launch $4.1 billion dollar rockets to nowhere so we can send minorities and women to the moon, apparently also to claim it for the Free World ahead of China. Infrastructure, EVs, expansion of the IRS, and tons of stuff are add-ons. The national debt, which was once shockingly high, has doubled in recent years to over $30 TRILLION!! It's good so long as we can inflate our money and float the interest payments. The USA is living like "the working class poor" from paycheck to paycheck.
So, Glenn, you say. "I do firmly believe, mind you, that the world is rich enough now that no one should starve or freeze to death, at least not involuntarily, and that the injured or diseased should be given medical treatment." Well, no one is starving or generally freezing involuntarily without the help of mental issues. But how much "free" medical treatment are we all entitled to? Cuts and scrapes? Cancer treatments? Life support to the bitter end? We never ask that question because no one wants to seem hard-hearted - someone will always cry "UNFAIR!!". So, why does Bill Gates get the expensive life-saving treatment at the best hospitals and Joe Dokes not...it's just money and its privilege, which is unfair.
Politics is divvying up the government's take in taxes and other revenues. We all got a swing or two of "stimulus", maybe some PPP dough, or some other loan that became a grant. We're all socialists now. Now, how much can I get from you before you take from me?
2 people like this.
Reply 14 - Posted by:
DVC 9/5/2022 7:17:36 PM (No. 1269354)
He's more generous than I would be if I was the decision maker.
0 people like this.
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Free stuff for everybody!!!