"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
-- Adam Smith
"There are a lot of wealthy, successful Americans who agree with me — because they want to give something back. They know they didn’t — look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something — there are a whole bunch of hardworking people out there. (Applause.) If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. There are some things, just like fighting fires, we don’t do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.."
Now, I'm not taking a single thing out of context. His attitude and philosophy towards entreprenurial success is not mystery to me. He's anti-capitalist. He's anti-capitalist because he believes capitalism is "unfair". So, he seeks to diminish the successes of free market capitalism. He is all about the philosophy of "collectivism". Collective salvation, collective freedom, collective sacrifice, collective ownership, collective responsibility, collective wealth. Listen to his words man, he's a Socialist. Collectivism is the philosophy of Socialism. Redistributing because we are a "collective" society.
You are just as ignorant as he is.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
And why are you avoiding the point I've made twice now? The point is, GOVERNMENT didn't build those roads and bridges either. Roads and bridges are the result of businesses and individuals PAYING TAXES. The government didn't invest money to build roads and bridges, they collected taxes off businesses FIRST before they could pay to have a single road or bridge built. Why won't you address that reality?
I'll go even further. If it weren't for businesses paying taxes, and individuals paying taxes, MR. MANCHILD PRESIDENT wouldn't even get a paycheck.
"you didn't build that".....pshhhh
Then who did?
"If you've got a business, you didn't build that. Somebody else made that happen". There's his quote. He also said, "Somebody helped to create this unbelievable American system that we have that allowed you to thrive."
Yes, that "somebody" was another business owner who paid taxes, or another private individual who paid taxes. So, ya, he's right. "Somebody" did help me build my business. It was another business owner, and another private tax payer. Not his precious federal government. And those roads and bridges were built for EVERYONE, not just the business owners. You drive on roads dont you? Do you own a business? You went to school too right? Do you own a business?
Schools and roads weren't built just for business owners. They were built for everyone. And I pay for them more than a person who doesn't own a business. That's why I say that business owners are even MORE responsible for those roads and bridges than any one else. That's just a fact.
Last edited by ttwtt78640; 07-20-12 at 03:34 PM.
“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman