Bill Whittle: What we believe – on wealth creation

October 23, 2010

Bill Whittle continues his series on what American conservatives believe by taking a look at the creation of wealth and the fundamentally different ways Right and Left think about it:

I have a good friend who’s a dyed-in-the-wool liberal, and I’m convinced his deepest feelings about wealth fit Whittle’s description to a “T.” That, somehow, the accumulation of wealth beyond a certain point must be morally compromised: either it was unearned or in some way stolen from others. It couldn’t be earned legitimately; there must be some taint of immorality about it.

That’s a fundamental difference between him and me, and I’d swear that same opinion about the essential immorality of wealth accumulation lies at the foundation of Leftist politics.

As our President said, “At some point, you’ve earned enough money:”

It reminds me of an old joke about the difference between a conservative and a liberal:

A conservative down on his luck finds himself wandering through a wealthy neighborhood and sees a beautiful house on a hill. He looks up and thinks to himself, “Someday, I’m going to be that guy.”

Later that day, a liberal down on his luck finds himself wandering through the same wealthy neighborhood and sees the same beautiful house on a hill. He looks up and thinks to himself, “Someday, I’m going to get that guy.”

It’s so true.

LINKS: More at Hot Air.

(Crossposted at Sister Toldjah)


Making fudge, EU-style

May 28, 2010

Here’s another video from the TaxPayer’s Alliance, this one explaining how the European Union’s agricultural policies leave Britons paying £398/$575 more than they should for their groceries. Maybe it’s because I like to cook and I’m a Jamie Oliver fan, but I think it’s effective – and it made me laugh:

More seriously, the trade barriers set up against agricultural goods from outside the EU is a real scandal: they preach sanctimoniously about “helping the Third World,” yet they block African goods from their markets, denying farmers there a chance to make good money and lift themselves from poverty, all to support a highly subsidized EU farm sector.

And, yeah, I support getting rid of agricultural subsidies and tariffs here, too. They’re mostly welfare for the big agribusiness farms.


If even Sweden doesn’t want to be like Sweden…

March 12, 2010

Why then are President Obama and his progressive statist allies trying to force the social-democratic model that Sweden embodies down our throats? A Swedish economist with the Center for Freedom and Prosperity explains how Sweden became prosperous, how it wrecked that prosperity, and what it is doing to regain it:

I’m tempted to write something like “President Obama, take note,” but The Won really isn’t interested; like all good statists, he knows what’s best for the rest of us, whether we like it or not.

(via Dan Mitchell)


President Barack Smoot-Hawley

September 16, 2009

I’ve said it before and I’ll say it again: raising tariffs and starting a trade war during a recession is stupid: it is the exact opposite of what you want to do, for it chokes off the very commerce needed to foster renewed growth.

Of course, when we have a president so ignorant of basic economics that he thinks of profits as part of a business’ overhead:

But by avoiding some of the overhead that gets eaten up at private companies by profits and excessive administrative costs and executive salaries…

…It’s perhaps a bit much to expect him to understand the importance of free trade to prosperity.  Doh

LINKS: Hot Air.