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Old 03-09-2009, 06:31 PM
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Should anyone really wonder how the economic picture will be under our current administration going forward, think about how redistribution makes business owners feel about the future.

From some of the founders and presidents of our country like Adams, Jefferson & Lincoln, they had some pretty strong opinions about redistribution of wealth. It's not a new debate.

"My reading of history convinces me that most bad government results from too much government." – Thomas Jefferson


---------------------------- From Wiki -----------------------

Redistribution (economics) - Wikipedia, the free encyclopedia

In economics, redistribution is the transfer of income, wealth or property from some individuals to others.

One premise of redistribution is that money should be distributed to benefit the poorer members of society, and that the rich have an obligation to assist the poor, thus creating a more financially egalitarian society.[citation needed]

Another argument is that the rich exploit the poor or otherwise gain unfair benefits. Another argument is that a larger middle class benefits an economy by enabling more people to be consumers, while providing equal opportunities for individuals to reach a better standard of living.

In the United States, the Founding Fathers and several subsequent leaders warned against the dangers of redistribution of wealth. Samuel Adams stated: "The utopian schemes of leveling [redistribution of wealth], and a community of goods, are as visionary and impracticable as those which vest all property in the Crown. [These ideas] are arbitrary, despotic, and, in our government, unconstitutional."[6]

Abraham Lincoln wrote: "Property is the fruit of labor. Property is desirable, is a positive good in the world. That someone should be rich shows that others may become rich and hence is just encouragement to industry and enterprise. Let not him who is houseless pull down the house of another, but let him work diligently to build one for himself, thus by example assuring that his own shall be safe from violence. . . . I take it that it is best for all to leave each man free to acquire property as fast as he can. Some will get wealthy. I don't believe in a law to prevent a man from getting rich; it would do more harm than good
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