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	<title>My Super-Charged Life&#187; government</title>
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		<title>Barack Obama&#8217;s Wealth Redistribution: Is It A Good Plan?</title>
		<link>http://mysuperchargedlife.com/blog/barack-obamas-wealth-redistribution-is-it-a-good-plan/</link>
		<comments>http://mysuperchargedlife.com/blog/barack-obamas-wealth-redistribution-is-it-a-good-plan/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 11:00:56 +0000</pubDate>
		<dc:creator>Jeff</dc:creator>
				<category><![CDATA[Personal Finances]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[entitlement]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[rights]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[wealth]]></category>

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		<description><![CDATA[<blockquote><p><em>&#8220;My attitude is that if the economy&#8217;s good for folks from the bottom up, it&#8217;s gonna be good for everybody. I think when you spread the wealth around, it&#8217;s good for everybody.&#8221; ~ Barack Obama</em></p>
</blockquote>
<p>Wealth redistribution is a subject that I just don&#8217;t get.&#160; Maybe somebody can explain it to me.&#160; How is it fair to take money from people that have rightfully earned it and give it to &#8230;</p>]]></description>
			<content:encoded><![CDATA[<blockquote><p><em>&#8220;My attitude is that if the economy&#8217;s good for folks from the bottom up, it&#8217;s gonna be good for everybody. I think when you spread the wealth around, it&#8217;s good for everybody.&#8221; ~ Barack Obama</em></p>
</blockquote>
<p>Wealth redistribution is a subject that I just don&#8217;t get.&nbsp; Maybe somebody can explain it to me.&nbsp; How is it fair to take money from people that have rightfully earned it and give it to others who did nothing for it?&nbsp; Will this really improve anything?&nbsp; Apparently, <a href="http://www.nypost.com/seven/10152008/news/politics/obama_fires_a_robin_hood_warning_shot_133685.htm">Barack Obama thinks so</a>.
<p><a href="http://mysuperchargedlife.com/blog/wp-content/uploads/2008/10/new-dollar.jpg"><img style="border-right: 0px; border-top: 0px; margin: 5px 5px 0px 15px; border-left: 0px; border-bottom: 0px" height="105" alt="new dollar thumb Barack Obamas Wealth Redistribution: Is It A Good Plan?" src="http://mysuperchargedlife.com/blog/wp-content/uploads/2008/10/new-dollar-thumb.jpg" width="240" align="right" border="0" title="Barack Obamas Wealth Redistribution: Is It A Good Plan?" /></a> I know that I&#8217;m venturing off into dangerous territory here because many will think that I&#8217;m slipping off into politics.&nbsp; I&#8217;m really not.&nbsp; This has nothing to do with Democrats or Republicans.&nbsp; I really just want to make the point that we are not a socialistic society.&nbsp; I want to protect our individual right to earn and give our money as we see fit.&nbsp;
<p>We are empathetic to people&#8217;s needs, but the majority in this country have always believed in the basic premise that &#8220;if you want to eat, you should work.&#8221;&nbsp; Is it callous and cold-hearted to believe people should pull their own weight?<br />
<h2>The government should not redistribute our wealth</h2>
<p>Doesn&#8217;t it scare you even a little to think that our government could get involved to a larger degree in spreading our money to others?&nbsp; I mean we already do this in a lot of ways.&nbsp;
<p>All social programs including social security, unemployment, and welfare collect your money in the form of taxes and then redistribute it to others.&nbsp; Generally, helping a neighbor down on his luck or that has worked and contributed to the common good his entire life is not a bad thing.&nbsp; However, doesn&#8217;t it seem we have created a whole segment of the population that feels entitled to these benefits now?&nbsp; I&#8217;m not a fan of creating more of the same.
<p>I don&#8217;t think we want to pay the 40% plus tax rates that are found in many countries that use the wealth redistribution approach.&nbsp; This is the way it is in countries like Germany, Belgium and Denmark where they have universal healthcare and many other such programs.&nbsp; Is this really what we want?
<p>Of course, a large part of our taxes are spent on good things.&nbsp; The government uses much of our tax dollars to pay for things like roads, the military, law enforcement, etc.&nbsp; These programs benefit us all and I&#8217;m sure we want to continue these.&nbsp; I&#8217;m certainly not against working together for a better country.&nbsp; Again, I just think we all need to pull our own load.&nbsp; Is this wrong?</p>
<p>I don&#8217;t see why a person that has spent their blood, sweat and tears building up a business over his/her lifetime should now be penalized because they&#8217;ve accumulated a nice income and a pile of cash in the bank.&nbsp; Is my thinking wrong on this?</p>
<h2>It is not wrong to be rich!</h2>
<p>Where did some people get the idea that it is wrong to accumulate wealth?&nbsp; The power, influence, and status this country has enjoyed for many years is largely a result of our wealth.&nbsp; Having the freedom to own land and be rich is a right that we fought to get.</p>
<p>I know that some people have gone wrong and become overly greedy.&nbsp; I don&#8217;t like hearing about CEOs of failing companies getting rich off the deal anymore than anyone else does.&nbsp; However, we deserve a reminder that people at all economic levels make mistakes and fall to greed.&nbsp; There is no reason to throw out the baby with the bath water!&nbsp; There are some very generous rich people out there doing good things with their money.&nbsp; It isn&#8217;t wrong to have wealth or want it, is it?</p>
<p>I don&#8217;t understand why some people automatically think negatively of people that have money.&nbsp; Money is not dirty.&nbsp; It is not wrong to have it.&nbsp; Could the problem be envy?&nbsp; I know I have thought negatively of others just because I was jealous of what they&#8217;ve achieved.&nbsp; Of course, this is no reason that their stuff should be taken from them and given to me.&nbsp; Do you think rich people deserve some sort of economic penalty for their achievement?</p>
<h2>Let&#8217;s encourage people to work and build businesses</h2>
<p>There is <a href="http://www.american.com/archive/2008/april-04-08/chasing-the-american-dream-with-25">still opportunity in America to work and achieve success</a>.&nbsp; It is still possible to succeed by starting with hardly anything and without knowing anyone of influence.&nbsp; It just takes work.&nbsp;
<p>The problem is that many people do not want to work.&nbsp; Doesn&#8217;t it seem like they&#8217;d rather wait for the government to take care of them?&nbsp; Why should my hard earned money be taken from me via programs that I don&#8217;t agree with and given to others that aren&#8217;t working?&nbsp; Will this really lead to a better America?
<p>It seems to me that instead of redistributing wealth, we should be encouraging people to start their own businesses.&nbsp; We should give breaks to the <a href="http://mysuperchargedlife.com/blog/regular-people-want-to-live-life-to-the-fullest-too/" >regular guy</a> that shows up from 9 to 5 everyday of his life and works hard to put food on the table for his family.&nbsp; This is the majority of America.
<p>We are a country of people that aren&#8217;t afraid to work.&nbsp; We are innovative, resourceful, and proud.&nbsp; In fact, I hope we are still too proud to take undeserved handouts.&nbsp; I hope we still believe in an honest day&#8217;s wages for an honest day&#8217;s work.&nbsp; I hope we still believe in the freedoms we have fought so hard to get.&nbsp; No matter who we elect as President, I hope we choose to preserve the opportunities that have made America great!<br />
<blockquote>
<p><em>&#8220;If there is anything which it is the duty of the whole people to never entrust to any hands but their own &#8212; that thing is the preservation of their own liberties and institutions.&#8221; ~ Abraham Lincoln</em></p>
</blockquote>
<p><strong>What am I missing about Senator Obama&#8217;s plan to spread the wealth around?</strong></p>
<p><em>Photo by </em><a title="Simon Davison" href="http://www.flickr.com/photos/suzanneandsimon/2899521967/"><em>Simon Davison</em></a></p>
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