Why redistribution is bad for the Economy
Posted on November 13, 2008 in I'm Conservative - Deal With It by DM
In a nutshell, this is why Democrats’ economic policies will fail: Because their system of taking from the haves to give to the have-nots will eventually over-burden those who are society’s most productive. The sequence of events laid out in John Hawkins’ post will be further exacerbated as the current generation of super-productives retires… you know, those tens of millions of baby boomers? Yeah – they’re hitting retiring age NOW, and the generations coming up behind them are smaller in number. So not only will taxes on the productive eventually suck them dry, there’ll also be far fewer of them feeding the system.
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