“There are rich people everywhere and yet they do not
contribute to the growth of their own countries... You know I’m out of American
politics, but it is a fact that around the world the elites of every country
are making money.”
It is ridiculous and unfounded thinking such as this that
causes the economic stagnation in the countries that Clinton claims to care so
much about. Regulations and taxing the wealthy is never the way to sustainable
economic growth. One needs only to read a history book to see this. During the
twentieth century, nations such as India and Soviet Russia had much lower
standards of living compared to freer capitalist countries like Japan and the
USA. It wasn’t until India and Russia began implementing more free-market
policies did their economies grow. The very same can be said about developing
nations today. Many of the poorest countries in Africa and Central America are also
extremely corrupt and have very socialist governments.
Their economies will not grow by taxing their rich. In fact,
this will have the complete opposite effect. Because the rich are the ones who
generate a nation’s wealth, you effectively decrease their incentives to become more productive the higher they are taxed. It’s like curing a bacterial
infection by throwing away all your antibiotics.
People like Hillary Clinton who get off on taxing the rich
are only jealous of the financial success that these people have achieved. It
also benefits Clinton to gain support from the other like-minded thieves whofeel they are entitled to another person’s property. She obviously does not comprehend that in
order for one to become wealthy, one must be a productive force in the economy—not
just some greedy shill. It is truly disgraceful that people are actually taking
the words of this dangerous lunatic seriously.
