TheRealMafoo said:
Redistribution of wealth by the government, is an infringements on peoples rights. There is no getting around that. You can try and justify why it's the "right thing to do" all you want, but in the end, it will go against everything this country was founded on. For some (like Obama), that's unimportant. For me however, it's very important. |
Beyond the principled objection to wealth transfers, it has never been shown that transferring money from one group to another has ever resulted in the beneficiary actually improving their economic standing because of it. An interesting video series I was pointed to the other day has Milton Friedman making an argument that many of the programs designed to benefit the poor in reality help a very different group:
http://www.youtube.com/watch?v=5Wx5PYZIWcQ&feature=related
Personally, I would say there is some validity to his argument is (somewhat) flawed because the increased money does not increase availability it increases the cost; and no one ends up in a position where they’re actually better off.