Wealth Redistribution

Who do you think knows the most about the intent of the Constitution and Federalists Papers, Samuel Adams or Barack Obama?

In these two statements they face off.

Adams: “The utopian schemes of leveling (wealth redistribution) and a community of goods, are as visionary and impractical as those which vest all property in the crown. These ideas are arbitrary, despotic, and, in our government unconstitutional” Bottom line, he opposed wealth redistribution.

Obama: “My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody… I think when you spread the wealth around, it’s good for everybody.” Bottom line: he is for wealth redistribution.

Notice Adams shares a principle based on the Constitution and Obama a personal opinion.
An indication of how convoluted our concept of government is
can be found in this observation by Grover Cleveland, “Though the people support the government, the government should not support the people.” Our nanny state philosophy belies this principle.

A case in point is aid to dependent children. When the law providing it was being considered it was said some people will see it as a means of getting support for having children out of wedlock in order to get government funds. It was said it would increase out of wed lock births and weaken the family. Today half of the children born in America are born out of wedlock. That is putting a strain on the government but nothing like it will when these children start procreating following their parents’ example.

The always quotable Thomas Jefferson cautioned, “If we can prevent the government from wasting the labors of the people, under the pretense of taking care of them, they must be happy.”
In this statement Abraham Lincoln gave optimistic thought regarding the value of wealth. “Property is the fruit of labor. Property is desirable, is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise.”

This means every wealthy individual is a living exhortation to others saying, “The fact I made it means you can to.” That is the blessing of the free enterprise system.

Today wealth and prosperity are represented as evil and all wealth as ill gotten gain. That is in part true because a lot of it is. The fact the principle has been misused and abused doesn’t mean it is bad. It has simply been used improperly. In reality most wealthy people got that way by working hard and smart. According to Lincoln the fact they have achieved success
means others can by the same means, a good work ethic.

Apathy, indolence, lethargy, torpidity, otiosity, and sloth are characteristics that hinder productivity.

When FDR got the “death tax” passed he said it was the beginning of the redistribution of the wealth of the nation. It set in motion other efforts to achieve the same end.

The above statement by President Obama indicates he is committed to taking it to a new level.

The opposite side of this deserves an appeal to those with wealth to voluntarily give as much as possible to the causes of their choice rather than have the government take it and give it to what they chose.