In past posts I've laid out how our nation's tax revenue is directly proportionate to the GDP. It doesn't matter the level of taxation, the percent is irrelevant, as our production goes up, so does the income. So to address any shortfall it's important we encourage productivity. Yet there are those in Washington who continue to beat the drum, pressing the political power over economic power. Economic power, (that supplied by business) is a positive, it offers men a reward, an incentive, a payment, a value: political power is a negative, by threat of punishment, taxation. The businessman's tool is value, while the bureaucrat's tool is fear.
How many times have you heard a politician damning business for the economic downfall we are in? Wasn't it the "big business", or Wall Street that caused our woes? The politicians keep passing the buck, exonerating government and it's intrusion, switching the burden of guilt to the economic power of business. This turning business into the persecuted minority, the scapegoat of the bureaucrats. When in fact it was Washington's interference in the lending institutions that made the field ripe for picking.
Here we stand villainizing the very sector that holds the key to this mess, while the publicity seeking politician points the finger, without definable criteria or the burden of proof satisfied. We are in fact victims of scheming the statist, and the support of their financial backers, the unions. As long as those two have a say in how our economy is defined, expect similar results similar to what your currently familiar with.
God Bless!
Capt. Bill
Leadership
Mentoring
Finance
MLM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment