Let's look at real evidence, and not hormonal, whiney, liberal, phony bologna, jealous, idiotic rhetoric.
The freer your economy is, and more you allow the rich to get richer through a free and fair market, the more wealthy your country is (see the USA, Hong Kong etc...)
The more government controls the economy, communist/socialist governments, the poorer your country is (USSR, Venezuela, Argentina, Greece, Spain, Portugal and on and on). The more corruption you have, the poorer the people are. The more government controls the economy, the more corruption you get (i.e. Zimbabwe, Venezuela, the Middle East).
Take Solyndra for example. The Obama administration took good money, from profitable businesses and people, and "invested" with a group of high end donors to his political campaign. Private investors didn't want a thing to do with it. They would not loan Solyndra a dime, because it was obvious to anyone who looked at their balance sheet that the company was in deep doo. But Obama decided he'd pay back his supporters, and take good money from good businesses that know how to make more money and CREATE wealth, and shoved it down the toilet. This is what happens when you let a Harvard law professor take billions of dollars and spending it with no real plan in mind. You destroy wealth. When a business is successful, and rich people get richer, generally wealth is created.
This is the thing that small minded liberals just can't grasp. You just do NOT understand economics...AT ALL.
Take Greece, they are our end game. Or Spain. They have allowed unions to run rampant over the tax payers for a generation or two. Now the bills are all coming due after the stupid politicians made stupid deals, with OTHER people's money. Greece is on the verge of bankruptcy. Spain is on the verge of bankruptcy. Both countries have around 25% unemployment, and things look like they are going to get WORSE, not better. The morons in Greece just elected a radical lefty socialist, and now it looks like the Germans and the rest of the EU won't bail them out anymore. When Greece defaults on their debts, guess what happens to the banks? Bye bye. All that wealth that sits in those banks is going to evaporate. It's a promise, that can no longer be kept by radical leftism.
So is it fair that the rich get richer? Yes. Is it good for everyone when the rich get richer? Yes. Is it good for everyone when the government takes money from the rich and spends it with complete stupidity? No. The rich can no longer smartly invest their money in companies that WORK, because their money is taken by force of gun from the government. The government is far too incompetent, name any government and it's too incompetent, to know every business sector in the country and how best to spend money to make it work. The idea that 500 knuckleheads in Washington DC know best how to run tens of millions of companies is mind blowingly stupid. It's vapid to the point of brain death. Let tens of millions of Americans get rich, invest their money, hire employees, and invest in THEIR own future, rather than let 500 corrupt officials in a central government make these decisions.
The evidence ALL suggests that the freer a country is, the richer it is. The more economic freedom there is, the richer the country is.
Oh I know, now you're going to point to the bank bail outs and say that was a product of greedy bankers. That's only partly true. The government mandated, through liberal policy, that banks were REQUIRED to issue a certain percentage of subprime loans. Then they allowed them to pack the loans into giant bundles, and sell them. Fanny and Freddy would buy them up, and then before you knew it, nobody knew what was what, and what was in the giant bundles of loans, and the whole thing fell to pieces. Make no mistake though, it was government regulation that FORCED banks to make these loans, that precipitated that. Sure some bankers then found a way to subvert the system and sell these packages and make a lot of money, but they did it within the regulatory environment that congress created. If congress had said that all housing loans needed to have 5% down, the problem likely wouldn't have existed. If they hadn't mandated that these subprime loans be made to people who couldn't afford them and weren't likely to pay them back, again the problem wouldn't have occurred. I'm not arguing against any regulation, but any time the government goes in and tries to do social justice through regulation, it almost always ends badly. That was a form of wealth redistribution that blew up massively in the face of us all.
Anyways, if something seems too good to be true, it PROBABLY IS! You can't just waive a magic wand of jealousy, and say, I want what they have, or they have too much, give it to me, and then also expect that anyone will be left with anything.
Wealth is created by individuals persuing their own best interests. Any time you put limitations on the pursuit, you get less wealth creation. That's why they call things that are difficult and make it harder to succeed "taxing". That's why the liberals want to put high taxes on oil. They want less use of oil, so they acknowledge there that if they do that, they oil will be used less. Same goes for the economy. If you tax it, you will get less wealth creation and less economic growth. So the trick is to find the balance. We need goverment for many things. Helping people who can't help themselves. A social safety net that encourages people to WORK, not to retire or sit at home and do nothing. When has the government taxed too much? When unemployment is above 6%. When economic growth is below 3%. Those are good places to start.
