http://www.realclearpolitics.com/video/2014/08/14/andrew_klavan_what_is_income_redistribution.html ANDREW KLAVAN: I’m Andrew Klavan and this is the Revolting Truth. Thomas Picketty’s new book Capital in the 21st Century has excited leftists with its call for more income redistribution. The Financial Times and others say the books’ data are suspiciously skewed but the New York Times’ columnist Paul Krugman says he’s received confirmation of Picketty’s numbers on an interplanetary communication device that you can make yourself out of ordinary tinfoil you find at home. Today, to clarify the underlying issues, the Revolting Truth presents this helpful Q&A. Q: What is income redistribution? A: Income redistribution is when you go to work or start a business or make an investment — and earn money — and the government takes the money away from you and gives it to someone else. Q: So you mean it’s stealing? A: No, it’s income redistribution. Q: But what if I won’t give them my money? A: Then armed men come to your house and take it. Q: So then it’s armed robbery? A: No, it’s income redistribution. Q: Well, when the men try to take my money at gunpoint, what if I call the police? A: The men are the police. Q: The police are robbing me at gunpoint??? A: It’s income redistribution! Q: What if I have a gun too? A: That would be wrong. Q: If they’re robbing me at gunpoint, why is it wrong for me to defend myself with a gun? A: Huh? Q: Look, instead of taking my money away to give to other people, why not just give those other people jobs? A: It’s because there aren’t enough jobs to go around. Q: Why not? A: Because people aren’t spending enough or creating enough businesses or investing enough. Q: But that’s because you took their money away! A: Right! That’s income redistribution! Q: Let me get this straight. We need more income redistribution because there’s too much income redistribution? A: Congratulations. Now you’re smarter than Thomas Picketty. Q: That’s it. I’m buying a gun. A: But it’s income redistribution! Q: Pound sand, you Communist thug. Well, I hope this handy guide has been helpful in understanding Capital in the 21st Century.
Q: Sorry to interrupt, but if money is relatively concentrated in the hands of the few, which premise is the reason income redistribution is even brought up for discussion, then how can you "earn money"? That is, if the money is "all on one side" of the sales counter, how are you making sales? A: Ahem, well, the assumption is that everyone has enough money to buy stuff, of course. But allow me to continue. Q: Naw, thatsokthanksbye.
In the latter 19th century and early 20th century the US had a phenomenal growth rate, quick turnarounds from financial crises, and overtook England to be a world power. All without an income tax or federal reserve or any kind of redistribution. So much for the Keynesian idiocy you and your party are steeped in.
how do you guys think income got so skewed in the first place? Income redistribution, of course. Ronald Reagan's administration turns out to have been one of the masters at the game of income redistribution. They lowered tax rates on the upper brackets and raised them in the lowest bracket. There are many ways of redistributing income other than just taking money directly from one person and giving it to another.
Regardless of what they call it, "income/wealth redistribution in exchange for your vote" is the keystone of the Leftists/Liberals/DemoCraps in this country. It's the "political easy sell". It's also chickenshit and cowardly... motivated entirely by greed.
Taking money from the middle class and giving it to the upper, on the other hand, is the natural order of things.
If you didn't have your head so far up your liberal candy ass you'd know we're opposed to that as well.