Joe the Plumber Was Right!

In Health Bill, Obama Attacks Wealth Inequality
By David Leonhardt, New York Times
Published: March 23, 2010
For all the political and economic uncertainties about health reform, at least one thing seems clear: The bill that President Obama signed on Tuesday is the federal government’s biggest attack on economic inequality since inequality began rising more than three decades ago.
Over most of that period, government policy and market forces have been moving in the same direction, both increasing inequality.

During the presidential campaign there was a great unscripted moment when Joe the Plumber confronted Candidate Obama about taxes increases. Obama instinctively answered that spreading the wealth around was a good thing for America. And now we see this idea come full circle.

Obama, the Democrat Party and The New York Times must believe that there is something unfair about the way in which wealth is acquired in America. The solution then is to take as much as possible from those who have amassed wealth and give it to others. They never view wealth as the direct result of hard work, risk taking and personal sacrifice. As a successful Vermont businessman once told RedStateVT: if you’re rich, they think you must have screwed somebody and taken their money.

The problem with the loony left is that they apparently waste their college years taking courses on Gender Studies and History of Rap instead of basic economics.

To quote Margaret Thatcher: The problem with socialism is that you eventually run out of other people’s money.