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The Wilkow Majority » Finate number of people, Infinite amount of money

BritishConservative
2 years, 6 months ago
Can anybody remember this argument that Andrew use to make, and how it went? I just vaguely remember it.
protectliberty
2 years, 6 months ago
Libs believe there is an infinite amount of people and a finite amount of money to go around. Only a few should (like the govt/elite) deterine who gets what. Cons believe the inverse.
BritishConservative
2 years, 6 months ago
Which is to do with the creation of wealth through the private sector?
AndrewWilkowFan
2 years, 6 months ago
Which day did you hear it?
BritishConservative
2 years, 6 months ago
We're talking last year at least
BritishConservative
2 years, 6 months ago
We're talking last year at least
protectliberty
2 years, 6 months ago
When the private sector creates wealth, it should be redistributed to everyone out of "fairness". Essentially they think the rich have limited resources and have the responsibility to sacrifice their discretionary wealth so no one goes without. We, as cons, believe everyone has the liberty to create wealth and help others without govt intervention via taxation. Basically the finiteness of wealth and resources on the lib side prompts a reaction to "do something" governmentally. We think that the human spirit of freedom incentivizes wealth creation and when there's limited govt safety nets, our own philanthropy will help the needy. Not sure if that helped you at all...
BritishConservative
2 years, 6 months ago
@protect - It is along those kind of lines. The last time I heard Andrew talk about it was over a year ago, so I can't remember exactly. Thanks for the input!
protectliberty
2 years, 6 months ago
@BC he uses that infrequently in conjuction with immigration too. Having an infinite amount of people and finite health care resources...just came to mind.
BritishConservative
2 years, 6 months ago
It makes sense and is a good arguement, especially for Health Care. If you have infinite amount of people (using the system as many times as they like) with only finite resources; you then have to ration those resources as is the case in the UK. On the other hand with the free market, you have infinite resources due to profit being made on each product or service offered because the profit is invested back into the company to provide more products and services. Does that make sense? Makes sense in my head! LOL
protectliberty
2 years, 6 months ago
@BC makes a lot of sense! Govt can not create wealth, it can only redistribute it after it takes it in through taxes. If they just print money, it'll be worth nothing. If they borrow, we owe interest and the debt will mount to insane lvels. Citizens can create wealth by selling goods and services domestically and internationally making wealth creation limitless. We've been getting taxed so much that nowadays, wealth creation is becoming limited, destroying incentivisation. You are spot on!

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