Andrew P. Napolitano
lewrockwell.com
August 17, 2012
We are in terrible straits this presidential election. We have a choice between a president who has posed more of a danger to personal freedom than any in the past 150 years and a Republican team that wants to return to Bush-style big government.
President Barack Obama has begun to show his hand at private fundraisers and in unscripted comments during his campaign. And the essence of his revelations is dark. His vision of a shared prosperity should frighten everyone who believes in freedom, because it is obvious that the president doesn’t. He believes the federal government somehow possesses power from some source other than the Constitution that enables it to take from the rich and give to the poor. He calls this “a new vision of an America in which prosperity is shared,” and he declared, “If you’ve got a business, you didn’t build that. Somebody else made that happen.”
Today in America, nearly half of all households receive either a salary or some financial benefit from the government; the other half pay for it. In Obama’s vision for America, no one will be permitted to become too rich, no matter his skills and hard work. He somehow believes that government seizures and transfers of wealth generate prosperity. We know, of course, that the opposite occurs. Seizing wealth through taxation removes it from the private sector for investment. That produces job losses and government dependence on a massive scale.
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This article was posted: Friday, August 17, 2012 at 7:04 am
Tags: domestic news
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