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Tuesday, October 14, 2008


Plumber Who Talked To Obama At Rally Says He Wasn’t Impressed, Calls Him A Socialist

Good stuff from Cavuto’s show.  Background here if you missed it.

The thing about wealth redistribution is what it implies for future success.  Say you’re a young person just starting out.  You’re struggling a bit.  Living paycheck to paycheck.  So you jump on the wealth redistribution bandwagon.  You sign up with Barack Obama so he can send you a check courtesy of those who earn more than you do and thus pay more taxes.

But what happens if, during Obama’s term in office, you find success?  You move up in the world?  And now, suddenly, it’s your wealth being redistributed to people who didn’t earn it?  Kind of puts a disincentive on success?  I mean, why move up the ladder when Barack Obama will let you sit at the bottom and take from those at the top?

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