“…we are reducing taxes on production, investing money in the economy. We are optimizing state expenses. The second possible mistake would be excessive interference into the economic life of the country and the absolute faith into the all-mightiness of the state. There are no grounds to suggest that by putting the responsibility over to the state, one can achieve better results. Unreasonable expansion of the budget deficit, accumulation of the national debt – are as destructive as an adventurous stock market game. During the time of … the role of the state in economy was made absolute, which eventually lead to the total non-competitiveness of the economy. That lesson cost us very dearly. I am sure no one would want history to repeat itself.” – Russian President, Vladimir Putin
“Russia lost its’ civil war with the Reds and millions suffered torture and death for almost 75 years under the tyranny of the United Soviet Socialist Republic. Russians survived with a new and stronger faith in God and ever growing Christian Church. The question is how long will the once “Land of the Free” remain the United Socialist States of America? Their suffering has only begun. Bye bye Miss American Pie!”– Excerpt from Pravda editorial.
“The more you give a king, the more he wants.” – from Dance with Dragons (Game of Thrones Book V)
During the 2012 presidential campaign Barack Obama didn’t appear to have much of a second-term agenda other than to raise taxes on higher earners. Most of his campaign was designed to protect the accomplishments of his first term and get reelected on the “forward” theme.
According to Mike Konczal, writing for American Prospect, now that Obama has been re-elected, and Obamacare is safe from Republican repeal, “what’s next for the welfare state?”
Well, Obamacare was never the intent of the government health care plan. “The program still leaves millions without health insurance,” says Konczal, “and it may fail due to its complicated design to contain costs.”
Let’s face it. Obamacare was merely intended to be a first step toward the implementation of total national health care.
In addition, energized progressives believe they have a mandate to remake the retirement system. Aware that 401(k) plans are used mostly by higher-income workers, they want the government to “provide a universal IRA with an automatic enrollment to all Americans, as well as shifting 401(k)s over to a public-private, defined-benefit plan.”
Such a scheme would not only involve massive new federal spending, but would also create a huge pool of previously private money being placed under government control.
Then there is the “escalator.” Progressives are about to propose several wide-ranging new redistributions plans. One gimmick is provide a government wage subsidy for everyone who makes under $80,000 a year. Another plan would create an unconditional basic income that rises with growth. That would give every resident a cash stipend. Every low-wage earner would get it regardless work status.
But with government-guaranteed income, fewer people would have an incentive to work and pay taxes. To combat that reality other redistributive schemes include raising wages by intervening in the labor markets and by instituting stronger pro-union policies.
It’s amazing how an uninformed electorate will forfeit so many of the fruits of their labor in exchange for a few government-issued crumbs.