When Barack Obama told Joe the Plumber that he wanted to “spread the wealth around,” what wealth was he talking about? And, where did the wealth come from?
Wealth comes in many forms. We can be rich in friendship. We can be rich in faith. Our lives can be filled with great art, or we can be blessed in love. But the wealth Obama discussed here is money, cash, greenback dollars.
Now money in itself has no value. It is just scraps of paper or bits of metal. Money is a medium for the exchange of goods and services. It is worth whatever it can buy, no more and no less.
So where does it come from. How is money wealth created? It is created by the hands and minds of workers who produce the goods and services on which its value is based. If you work in a sewing plant making shirts, the value of the shirts you make is expressed in the money you earn. If you drive the truck that delivers the shirts to the warehouse, and on to the store, your work adds to the value of the shirts. If you are the clerk who assists a customer in purchasing the shirt, your efforts are added to its value. That is where money comes from. The labor you and your fellow workers perform.
Now in an ideal world, you would receive in pay the value you create with your work. But that is not the case. A combination of government and big business entities conspire to take from you a major part of the value you create. They take it in the way of taxes, fees, fraud and corruption. As a result, you lose a major portion of the value you create with your work.
It is true that some of the value taken away from us is returned in benefits. Some of it goes to build roads and bridges, and we need those to get around this great country. Some of it goes to police, fire and rescue which keeps us safe in our homes and communities. Another part goes to finance the military that protects us from enemies who might try to steal away our freedom. That is money well spent.
When banks and other financial institutions charge us excessively high interest rates to borrow money, we lose that value. When thieves take the merchandise we create without paying, we all lose because the price of what we buy must be increased to cover the loss.
The most egregious abuse of our hard-earned money comes in the form of “spreading the wealth around.” When the value we create is taken away and given to people who do nothing to earn it, we are deprived of that value and receive nothing in return.
Now, I realize that some people need help from time to time. And I am never reluctant to assist when I have the ability to do so. We are a generous people. We have numerous systems for offering help. We have churches, civic organizations, direct aid. People who truly need our assistance can usually find it. But far too many people have decided to live on other people’s work without contributing any goods or services in return.
Nor am I objecting to the idea of “spreading the wealth around,” if that entails growing the economy so that everyone who wants and needs a job can find one. And the best way to do that is to allow the people who create the wealth to keep more of it for their own use. With more of our money left in our pockets for us to spend on goods and services other people produce, we will create a greater demand for those goods and services, which will result in more jobs.
Spreading the wealth around by taking from the producers of the wealth and giving it to non producers makes us all less wealthy. Joe the Plumber is right.
Frank Gillispie is founder of The Madison County Journal. His e-mail address is frankgillispie671@msn.com. His website can be accessed at http://frankgillispie.tripod.com/
You are obviously an Obama supporter. Only someone of such lofty intelligence could create such impressive proze.
Just in case you aren't bright enough to figure it out, this message is what's commonly referred to as sarcasm.
I wonder what would happen, if the so called rich and large companies they often speak off, if they closed their doors, fired everyone, and took their wealth and transfered it off shore... who would Obama tax and share from then?
Joe the Plumber is not licensed, either as a contractor or as a plumber.
For him to go into business as either would be an act of fraud.
The proper response to Joe's question was to tell Joe not to worry about paying higher income taxes because Joe isn't going to be making $280,000 next year because Joe isn't going to be able to buy the plumbing business because Joe doesn't make enough money to afford to buy the plumbing business, and, even if he did make enough, Joe still won't be able to buy the plumbing business because no bank will loan Joe any money because Joe has a lien on his house effectively freezing Joe's ability to get any credit until Joe shows he is responsible enough to pay his debts and pay his property tax. Even if Joe goes and robs a bank for a million dollars and buys the plumbing business anyway, Joe is still not going to make $280,000 / yr. because Joe isn't licensed as a contractor or a plumber.
Obama could then follow up and tell Joe that if he votes for Obama and Obama wins, Joe will benefit by getting the Obama middle-class tax cut for which Joe is eligible because Joe only makes $40,000 / yr (not $250,000) and with the money Joe saves from that tax cut, Joe will be able to pay his $1,200 property tax bill, thereby restoring his credit and putting Joe on the path to where he can actually realize his dream of BUYING THE BUSINESS!
There you go, Joe!
If the guy you want to run the country couldn't even answer a question that an everyday person could answer, how smart does that make Mr. Obama?
And how smart does that make you for supporting him?
And as far as your "answer" for Joe, you babble on about as much as most politians. Are you currently holding office? Your "answer" sounds just like all of the other bull that everyone is so sick of hearing from politians. If you aren't currently in office its a good bet you will be on the next ballot.
I'm sure all of the Obama supporters will vote you into office too.
"Obama couldn't properly answer Joe's question because Joe left out the facts."
Once Obama had the facts, he answered the question. Thoroughly.
Lets a link to an article that actually DOES have Osama, er, Obama answering Joe's questions. IF you can find one, please share with the class.
candidate for president. Who does not respect our flag and refuses to wear one on his lapel except when it becomes politically expedient. And he also stated that Jesus’ Sermon on the Mount was the most radical teachings ever! He has made statements about the bible that are very disturbing to me and accuses the American people of clinging to our bibles and guns (well for me I am clinging to my bible and very happy to do so!) and whose own wife and pastor that he loves profess to have strong anti-white feelings. and we sit back and say "it is a given, we can do nothing." There has never been a time in 2000 years that we can do nothing, never a time that we must sit back and allow the evil in men's and women's hearts to take over our world. We should be very afraid because our apathy is leading us to perdition. It is time for all Christian Americans to raise the battle cry and take our nation back. Maybe McCain on his own cannot defeat Obama, but our God can and He will if we take to our knees in prayer and raise a mighty cry to the heavens to "Save us O Lord." We have the power to change the course of this election! And to keep a man as suspect as Barrack Obama from leading our country to who knows where with his message of "change"! - A change which I fear will be away from our Christian ideals and away from Christ! And further away from one nation under God! We are great at passing stories and pictures around the Internet, but where are our prayers and prayer warriors praying to stop this tide of Barrack Obama? God parted the Red Sea, Jesus raised himself from the dead, and we can bring our country back to its Christian roots and stop the move to the rise of Muslims in our country. We can stop our country from being "under Allah," but we must begin to pray, to pray as if our country and our lives depended on it, because they do. We can stop all these atrocities against God's commands that have taken root in our country through something as simple as sincere prayer, a call to God to deliver us, to forgive us our sins of apathy and to protect us from the evil that is upon us. Get the spiritual power working on our behalf and stop Barrack Obama the proper way, by calling on our God to save us from the deception that charismatic preaching is using to lead us on the wrong path. Stop those who would take God out of our country and our government. Raise up good men to lead us and protect us.
Remember Prayer Can.Move Mountains! If we continue to allow god to be removed from our schools, government ie; courts and such the devil will run rampant through out the land corrupting the people of this great country. and our children and grandchildren will not be able to worship the only true god of this world! at church Sunday we heard testimony from our college age kids about David and his strong prayer practices. he was able to call on god and get his prayers answered! albeit we (well I know at least me) are not anointed by god but we are appointed by god to witness and call out to him for his help in all things. and this election is the one thing that he is waiting to hear our prayers so that he can show us that he is powerful and mighty! And we must not forget to praise and thank him after he answers this prayer!
Lets not lose our focus here, this all about getting the first African-American elected president!
Stop wasting time talking about taxes, and policy, and health care or any of that CRAP!
And, honestly, if you aren't RICH and willing to give your money and support to our savior Obama, we just don't care to even hear from you, so keep your trap shut!
And don't forget to get out there and VOTE for our SAVIOR OBAMA!!!!
Just wondering.