Thursday, December 4, 2008

OMG SOCIALISM !!!!

Redistribution of wealth is not a new idea. The US Govt currently uses a progressive tax code. The problem with this argument is that there is always a form of redistribution, whether from top to bottom or bottom to top. So what you call redistribution of wealth I consider to be justice for poorer Americans. Of course, people who make more are gonna complain but lets have them trade places with us (on the bottom) to avoid paying that extra 5 to 15 percent. And see if they are willing to do that.

A major portion of your argument was spent attacking socialism for being a burden on the American economy. But in light of recent events I would hope that you would acknowledge that unregulated capitalism i.e ( free market) is a bigger burden on our economy than any of our socialist programs have ever been. In your article you mention corporations moving overseas to avoid paying taxes. Unfortunately for your argument this is strictly a capitalist problem. Our current tax system favors companies moving over seas. Socialist nations do not have this problem. Also, in your article you ask if ordinary people understand the consequences of socialism. I would argue that the "average" American doesn't understand what Socialism really is. I would also like to invite you to explore your claim "have you ever seen a socialist nation succeed" a little further. Sweden doesn't seem to be doing too badly. Lastly, I would like to point out that the Govt isn't buying companies, they (we) are loaning money. Now this does mean that they have a temporary stake in companies they invest in, but they don't own them.

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