Saturday, September 24, 2011

Elizabeth Warren: Big Government Supporter Allowing you to keep a chunk of your money but just a chunk

Starting at 50 seconds:
"I hear all this it's class warfare, NO. There is no body in this country who got rich on his own.  Nobody.  You built a factory out there, GOOD FOR YOU.  But I want to be clear.  You moved your goods to market on the roads that the rest of us paid for.  You hired workers that the rest of us paid to educate.  You were safe in your factory because of police forces and fire forces that the rest of us paid for.  You didn't have to worry that marauding bands would come and seize everything at your factory and hire someone to protect against this because of the work that the rest of us did.  Now look, you built a factory and it turned into something terrific or a great idea, GOD BLESS, keep a big hunk of it.  But part of the underlying social contract is you take a hunk of that and pay forward to the next kid who comes along."  -Elizabeth Warren, Democrat, running for Scott Brown's (the people's) seat in the Senate.
Couple things:
-Nobody denies that there is a role for government.  (A small but significant role.)  But I think what she is alluding to with the statement of "marauding bands seizing items in your factory" is almost laughable.  If the factory is important to the owner then he would protect it himself if the local government did not provide a police force.  Does she not know this?  Plus, she's making a point that is really very frustrating.  If I don't agree with her now, then is she going to tell the police to NOT come to my assistance when bands of marauders come to the factory and steal things?

-What does she mean that the "rest of us educated!?"  I can't hire students who studied at a private school?  Compare students who went to a private school and students who went to the public school...which one is more prepared!?

-Part of what social contract?  Take a hunk of it and pay it forward?  What do you call "HIRING" Ms. Warren?  Class warfare types are so frustrating when they talk like this.  An employer pays the worker and that isn't enough?  I have to give a chunk of my income away and not expand my own business?  I have to give to greedy bureaucrats like Ms. Warren to have her waste it on idiotic programs?

NO.  There is a place for government.  Small but significant.  Businesses and people pay taxes already.  Don't tell me that because of governmental negligence that we have to now pay more because of their stupid accounting practices.

If she wants a fight... then businesses should say this:
We hire people so that they can make money to pay your taxes and your salaries.  We sell things so that you can collect sales taxes and pay you a salary.  We invest and save so that other people have money for loans to do more business so that they can pay taxes and pay your salary.  We fill our trucks and vehicles with gas and pay your gas taxes and your salary.  We have big factories and pay your property taxes so you can get a salary.  What if all that went away?  There would be some lay offs, right?  And I don't mean in my company.

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