Thursday, April 12, 2012

Poverty and Production

Since the 1960s, America has tried an experiment to eliminate poverty using the power of government to tax the productive and give the wealth to the poor. The theory has been that equal distribution of wealth will eliminate poverty.

This experiment has not worked. The problems associated with poverty have actually gotten worse – crime, family breakdown, etc. and overall national productivity has declined.

Poverty is caused by lack of productive work. Poverty is not eliminated by distributing the wealth. Poverty is eliminated by productive work. I believe it is time to stop focusing on redistribution of the wealth and start focusing on giving people more opportunities to create wealth.

This would include opening up natural resources on federal lands so that jobs can be created, reducing non-working benefits to encourage employment, and opportunities for skills development.
https://chumly.com/n/1261fce

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