What our world needs today is to transcend the collectivisms of the present, whether under more extreme authoritarian regimes or the seemingly milder spiders’ web of controls and commands of the interventionist-welfare state under existing democratic systems of government.
Universal basic income, as all government’s income ‘redistribution’ schemes, is immoral and harmful to all, including the recipients of such income.
The government can, and must, protect us, but not as a nanny. It is not all-knowing, and it cannot define problems for us.
One of the remaining, big European welfare-state entitlements is being developed in Congress — by Republicans.
Neither the total amount of government spending nor the likely budget deficit is threatened with meaningful reduction.
The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.
The danger from the seemingly reasonable pragmatism that President Obama proposes as the norm and ideal for a middle or “third way” between capitalism and socialism is that is constantly moves society away from the competitive market economy and individual liberty and more and more in the direction of greater and more government planning and control over facets and corners of our lives.
The Federal debt has now crossed the $19 trillion mark. When George W. Bush entered the White House in 2001, Uncle Sam’s debt stood at $5 trillion. When President Bush left office in January of 2009, it had increased to $10 trillion. Now into seven years of Barack Obama’s presidency, the Federal debt has almost doubled again.
How the left transformed America from an essentially free market into a regulatory entitlement state and discusses how supporters of capitalism can develop an even more persuasive moral narrative of our own.
Bush’s proposal merely reinforces the false idea that government has a right to force some to be the keepers of others. He wants to pass it off to the states.