Friday, December 15, 2023

The Gap Between Rich and Poor Is Not An Abomination In Itself.

How often do we hear chanted mantras that 'the rich get rich and the poor get poorer?'

So often statistics are manipulated to create dissatisfaction by the more anarchic members of the left.
Just so long as everyone has a reasonably decent standard of living - the above ideas are utterly inconsequential.
Without the millionaire, we would undoubtedly have far more world poverty than we have today.
The wealthy invest; businesses and enterprises blossom; new employment opportunities appear; governments receive more in taxation; money they spend fires the economy.
(And DO remember that higher taxation per se in a nation drives these opportunities away.)
The failures of socialism to create 'fairer balances' in our world have signally failed, times a-many!
Just remember that no economy can be compared to a cake made up with different, disproportionate slices to all and sundry. An economy is a wholly flexible entity.
That there are so many heavily rich people is not inherently wrong - even if I do not care for them much on a personal level.
Robbing the rich with huge taxation will ultimately lead to economic failure.
Look at the 98% Super Tax invented by Harold Wilson's Government - by and large the government did not get the rich to pay it - most fled and took their moneymaking enterprises with them!
We were all poorer!

Elephantine Tragedies.

  https://www.mirror.co.uk/news/uk-news/heartbreak-two-baby-elephants-die-34194833