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cuckoldmepls -> RE: Poverty reaches historic levels (9/17/2010 8:38:38 AM)
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Well basically both parties created this mess, starting with Bush Sr. who dreamed up this NAFTA idea, then Clinton was foolish enough to go along with it, and even make a deal of his own with the Chinese, which will be twice as disastrous as NAFTA in the long run. In fact, the Chinese are already planning on building car factories in Mexico to undercut our economy.
Here's where's democrats show a complete lack of common sense when it comes to economics though. They believe that poverty is caused because rich people accumulate money keeping it out of the hands of the little people. Therefore, their only solution is to tax the hell out of the wealthy, and upper middle class, and redistribute their wealth.
The reality is that Capitalism requires no redistribution of wealth in order for poverty to be eliminated. All it requires is that people are willing to work, they live within their means, they save some money on the side, they get experience in their caraeer or job, and if they choose to and the bank feels they are qualified, then they can begin to build their wealth as well by starting their own business. It does not require redistribution of wealth. Although it is certainly easier for wealthy people to take chances on new businesses, it in no way prevents you from doing the same.
So basically, poverty is caused by people who are unwilling to work, and unfair trade practices such as outsourcing, free trade, and illegal aliens. The responsibility of Congress is to level the playing field, and that is where both sides have failed us. Everyone of the liberals and RINO's must be voted out.
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