In response to:

Obama Admin: Tax Cuts Work in China, Just Not in the U.S.

RickG_Prov_RI Wrote: Apr 07, 2012 11:52 AM
He doesn't earn it or generate it from a productive standpoint. He doesn't associate regularly with those who do so he does believe in a finite wealth that needs to be distributed. He's not alone. Until you can demonstrate consistently that there are always new avenues to financial stability to those who worship the robin hood myth this ilk will always have a platform. The more private wealth that is confiscated for government programs the less there is for charities to operate on so it reinforces the belief charities are an alternative to the nanny state. Point this out and you're labeled captain obvious. Respond to that with, 'I realize you're aware of the obvious, I'm merely asking you why you disdain it?'
RickG_Prov_RI Wrote: Apr 07, 2012 11:54 AM
"reinforces the belief charities AREN'T an alternative to the nanny state"
Lousy proofreading on my part.
rmt5 in MA Wrote: Apr 07, 2012 11:57 AM
Richard----I too find that I do my best proofreading AFTER posting. :-)

While speaking recently about the communist government in China, Undersecretary of State Robert Hormats -- an Obama appointee -- praised China's decision to spur economic growth by lowering taxes. So, at least somebody in the Obama administration definitely understands and embraces the basic lower-taxes-equals-higher-productivity principle of free-market economics, while President Obama himself chooses to neglect that certain principle. I award the administration zero points for consistency on this one:

“China lowered taxes very recently, which will help increase demand, but it’s also good to boost consumption in China,” said Hormats. “So I think what’s interesting is that—sure,...