Atlas Shrugged Is Real November 4, 2009
Posted by taoist in Capitalism and Economics.Tags: Atlas Shrugged, Ayn Rand, Democrats, Massachusetts, Obama, The Economy, The United States
trackback
And we’re seeing so more and more every day. The economic model Obama’s following is the same as Massachusetts, high taxes and regulation – and it’s failing. Hillary Clinton even admits that we tax everything that moves. The brightest and best individuals are fleeing companies that are cutting their pay, ahead of the pack. The high earners of New York are relocating elsewhere. Businesses are leaving high tax states specifically because of the business climate, and yet through all of this Democrats deny, especially in their actions, that America’s business climate with the highest corporate taxes in the world doesn’t affect our economy – even as we know companies are offshoring.
And it’s not just confined to money. Over-regulation and over taxation are killing medical research as well. If you want to see the medical wonders we all love at a cheap price, let the companies innovate profitable treatments to lower prices.
I strongly hope that America doesn’t have its own lost decade just like Japan, but until capitalism is not vilified by those in power and we actually let the producers and innovators of society be productive without punishing them, it’s not going to happen.
Comments»
No comments yet — be the first.