Regardless of the efforts we conservatives make to show the leftists how much they don't understand about economics, or how their insane taxes put a damper on future revenue, it comes down to one thing that we all NEED to understand: It's their money.
I was recenty asked what I believe should happen if we got on that God-Forbidden Other Side of the Laffer Curve. My answer was simple, it doesn't matter. The government should take only the money needs to fulfill it's dual obligations of Law and Order, and National Defense. Other than that, it's their money, not the government's to waste on social programs. If the people want to give money to the poor they can do it willingly, if not, oh well.
That Bastard Keynes said recessions were made worse by the tendency of the middle class to save, as opposed to the rich who invested and the poor who consumed. So? Does that make it proper for the government to take their savings and spend it for them? Keynes may say yes, but any rational person would disagree.
Ibn Khaldun attributed the fall of many kingdoms and empires to straying too far on the "high taxation" side of the Laffer Curve.
Thoughts on the Laffer Curve or the Keynes Solution? On the It's Their Money Principle? Anything? I'm here to guide.




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