This helpful chart from the Heritage Foundation demonstrates one of the most important aspects of growing an economy: more government equals less wealth.
(Click to enlarge the chart)
Politicians are quick to promise assistance in the form of medical care, free insurance, help with heating bills, free food, free transportation, free housing (need we continue?) - but in fact, such "help" actually hurts. The more the government taxes citizens and redistributes their money (no matter how noble the motives may be), the less wealth the nation enjoys.
Even though in the short term it may feel good to "help" the poor or disgruntled, those who truly care won't offer a free lunch - instead, they'll protect your right to make and keep your own lunch! If you have more than you need, you can share on your own.
The best way to help America's poor is also the best way to help the world's poor - lower taxes on everyone, reduce government intervention in the economy, give people the responsibility to provide for themselves and the freedom to pursue their dreams.
Comments