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Growing the riches

Growing the riches

While on a trip to Iowa for the Governor’s 66th birthday, Marco Rubio touched on something very subtle, yet very profound.

“The way to turn our economy around is not by making rich people poorer, it’s by making poor people richer,” Rubio said, criticizing President Barack Obama’s insistence that taxes for those making more than $250,000 increase as part of a deal to avoid pending automatic budget cuts and tax hikes.

Make poor people richer. Well that is a novel concept.

Not novel when looked at through the lens of history mind you, but novel when looked at through the lens of successful American politicking of late.

Historically, it has undoubtedly been the effort of the mainstream of both major parties to achieve this aim. Yet the actions of the current party in power, despite all their puffery and pontification, inevitably lead us to a country where the rich are simply poorer, and the poor remain downtrodden.

Rubio’s words have been uttered before in countries which have faced times of similar sustained economic strife like we face today.

Then, as now, the concept was met with considerable opposition and contempt from those who seek to garner support through a fiscal policy which promotes class warfare. No more glaring example can readily be produced than that of Margaret Thatcher making the case for capitalism in her last speech as Prime Minister in the House of Commons.

Whether by accident or with intent, I think Marco Rubio may have just cemented the economic battle cry for conservatives in 2014 and 2016.

As a preconceived politician of interest for the 2016 Presidential race, the media has already begun the “crazy-ing” of Rubio. This will doubtless persist into the future as Rubio’s stock within the Republican party continues to rise.

Whether or not Rubio runs, and I’m not saying that he should, I think he has really hit the nail on the head in terms of articulating the conservative economic policy. It is simple and succinct.

When a challenging political party is hit with a barrage of class warfare rhetoric by the party in power, it is not sufficient to merely hit back with class warfare rhetoric of one’s own. We saw the ill-fated consequence of that strategy play out in the election.

No, the solution to class warfare isn’t more class warfare. It’s class empowerment.

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Comments

How I wish that she would be our candidate for President in 2016. I know, the Constitution, but she is a remarkable woman.

    BannedbytheGuardian in reply to Towson Lawyer. | November 22, 2012 at 4:28 pm

    it is more than citizenship. not the least she is very frail but the Westminster System requires constant dueling on the floor. A completely different dynamic. then there is The House of Lords above them.

    Margaret was a champion of The Middle Class not the poorer the rich.or Upper Class. That is another diff -the upper class were not necessarily the Rich. Especially in the 1970-80s.

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Sir Winston Churchill

As to Rubio:

I have always felt that a politician is to be judged by the animosities he excites among his opponents.
Sir Winston Churchill

“The way to turn our economy around is not by making rich people poorer, it’s by making poor people richer,” Rubio said. Let’s make this go viral. Let us repeat this all over the blogsphere and cable tv. Let’s make this as much a cliche as tax the rich is for the left. The idea even goes back to Lincoln, the first Republican. So Lets do it!

“Whether by accident or with intent, I think Marco Rubio may have just cemented the economic battle cry for conservatives in 2014 and 2016.”

Alas, that was Romney’s battlecry for 2012…and it lost to the Santa Claus Socialism of Chairman Obamski (rhymes with Alinsky).

If Obamski grants amnesty to 30 million ILLEGAL CRIMINALS, it guarantees a permanent voting majority for the socialists.

Amnesty MUST BE STOPPED if we are to save America from the communist overthrow we are witnessing.

Personally Im getting tired of the class “pitch” from our politicians in an attempt to sell us on the idea that somehow “government” is ultimately responsible for the success or failure to thrive of all income groups. Its all pandering in an attempt to remind us politicians are connected somehow, in economic terms, to the rest of us because The Economy is somehow a funtion of government. When in fact The Economy for the most part is a product/expression of our relationship with every small business and corporation that does business here.
Yes government can shape that playing field via tax rates and regulation and influence GDP by spending our money for us when we are resistant to spending but generally its a relationship between the aggregate “us” and businesses everywhere.
Im leary, with good reason, when politicians start talking about specific plans to expand the vaulted “middle class”
Why you ask?
Lots of reasons. First of which is generally when government injects itself into the “us” and business relationship I mentioned above? It screws things up in royal fashion.
Think back to the great housing bubble. Government genius reasoned, if only more people owned homes then by golly we’d have a huge expansion of the middle class….since thats a middle class indicator of arrival.
The notion of the subprime mortgage was born. At the reguest/demand of government banks lent to ill equipped
buyers that actually hadnt developed the associated “value” reguired to buy a home. Savings and patience.
The same with college education. Another middle class “marker” that government thought was a good idea.
A bubble exists there as well. And will no doubt burst.
Governments latest experiment to “make a bigger middle class” is health insurance….another “middle class marker”. How is that working out?

In sum what Id like to hear from Rubio and other republicans is less policy and more focus of getting out of the middle of our relationship with businesses. Stop tinkering with free markets.

“…the solution to class warfare isn’t more class warfare. It’s class empowerment.”

You can’t fix broken people.

There is no way to make someone more capable than they are. There is no consistent way to improve someone’s character. People with good character traits and strong abilities prosper and do well in life. People with bad traits and inferior abilities don’t. This isn’t because some other person or persons are holding them back, keeping them down, or otherwise paying the least bit of attention to them.

Losers lose, winners win, and the mediocre muddle through.

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