This is Elizabeth Warren, former White House financial reform adviser. She is currently running for the Massachusetts senate against Scott Brown. This video has made Ms. Warren a rock star among the collectivist set. However, here on the Free Market side of the world, all I see is one hot mess.
Let's unpack Ms. Warren's statements, shall we?
I hear all this, you know, “Well, this is class warfare, this is whatever.”—No!OK stop right there, Ms Warren. Unless this we are talking about some foreigner who just came to this country and started a factory, I am pretty sure this factory owner paid taxes for those roads, schools and police too. Furthermore, thanks to the progressive tax system in this country, anyone with enough money to start a factory surely paid a hell of a lot more for those things than the average Joe or Jane.
There is nobody in this country who got rich on his own. Nobody.
You built a factory out there—good for you! But I want to be clear.
You moved your goods to market on the roads the rest of us paid for.
You hired workers the rest of us paid to educate.
You were safe in your factory because of police forces and fire forces that the rest of us paid for.
You didn’t have to worry that maurauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.As I stated before, anyone wealthy enough to start a factory clearly contributed more for all those government services than average middle class person did. But aside from paying more in taxes, what about the other contributions this factory owner is making?
Now look, you built a factory and it turned into something terrific, or a great idea—God bless. Keep a big hunk of it.
But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.
Let's start with the most obvious J-O-B-S! Most factories require workers and means jobs. It is those jobs that give everybody money so they too can contribute to building those roads, educating those kids and hiring those cops.
Oh, and let us not forget that the whatever is being produced from this factory is no doubt something we all need or desire.
So let us recap everything this greedy factory owner is doing:
If you want to know why this administration has failed to rescue this economy and create an environment conducive to producing jobs, look no further than Elizabeth Warren.
Oh, and let us not forget that the whatever is being produced from this factory is no doubt something we all need or desire.
So let us recap everything this greedy factory owner is doing:
- Paying more for his/her share of government services.
- Providing jobs for the rest of us.
- Producing a product we need or desire.
If you want to know why this administration has failed to rescue this economy and create an environment conducive to producing jobs, look no further than Elizabeth Warren.
Video h/t: The Blaze