It is funny to hear a politician use the word truth when making an argument for their ideas or policies. First, we all know that most politicians will say and do what it takes to get reelected every 2, 4 or 6 years. Second, we all know that generally government does everything worse than the private sector. Third, we all know that there are a certain percentage of people, a growing percentage, that expects something for nothing. Fourth, we know that a politician never meant a dollar that he or she didn’t want to spend. Fifth, we all know that empires rise and fall. And sixth, we all know that there is a constant battle between those who want freedom and those who want to take away freedom. Let’s call those two groups of people the innovators and the other group the leaches.
So the question becomes, what happens to a country that allows it’s elected official to tax up to 100% of their income. which the progressive income tax structure we have does, and to have a monopoly control over the printing and issuing of money? There is no check to keep the politicians from taking up to 100% of your paycheck. The only check would be your threat to throwing them out of office. But they don’t have to directly take your paycheck from you. They can use regulations and rules to control where you spend the rest of it. The federal government, right now, can print up whatever money it needs or wants or is unable or unwilling to tax out of the people from thin air. The only check on this power is inflation. In other words, the federal government doesn’t have to work for its money, like you or I. It can just print it out.
Well, to me, it is pretty obvious that what happens is this. The non-rich, in general, believe the promises of the politicians that they can get something for nothing. The politicians increase the size of the government. The wealth of a country disappears as the incentive to innovate and improve one’s living conditions is take away by the government’s increasing reliance on increased taxation grows. The economy is dragged down by a majority of the people producing nothing of importance and relying more heavily on the government’s hand to get what they want. In other words, the mob rules and wins. The only way to stop this from happening is two things.
First, you must make it illegal for the federal government to progressive tax. They can only be allowed to implement a fair tax. Everyone pays the same amount no matter what. Any government that treats citizens differently and applies the laws differently is corrupt and on the path to ruining its civilization and its people. It is unjust for any government or group of people to use the force of government to treat others differently. Second, you must eliminate the government’s monopoly control over the money supply. As we all know from Economics 101, a monopoly is a terrible thing for consumers and a money monopoly or the ability to print money from nowhere dilutes the hard working American and rewards the lazy, slothful bureaucrat and politician who gets to implement their ideas in society without having worked for the money to try them out.
The United States is rotting from the inside out. It is dying of the progressive taxation and monopoly of the money supply. Failure to change these two things means that the United States can never be great again and will be another empire that has fallen.