Tuesday, August 1, 2017

Promising Poverty

You made me promises, promises
You knew you'd never keep
Promises, promises
Why do I believe?
--Naked Eyes

As the new campaign cycle kicks in, we once again observe politicians trading promises for votes. Many of those promises are for free stuff. Free healthcare, free college, free food, etc.

Many of those same politicians also promise that there will be jobs for all.

As questioned above, what happens to incentive for work when economic resources are given for free? Another way to ask the question is who produces the free stuff?

Anyone who thinks this thru is bound to arrive at this truth: the greater the socialism, the lower the productivity. The lower the productivity, of course, the lower the standard of living.

They may not realize it, but these politicians promise not prosperity, but poverty.

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