Wednesday, October 29, 2008

Going John Galt?

PJTV has the "Insta-wife" Doctor Helen talk with Bill Whittle and Roger Simon talk about what it means to "Go John Galt".

Basically, the idea is to keep your labor and income down to reduce the amount of money that goes into a "Redistributive" Tax system.

Dr Helen summarizes it: "Why work more if you're going to be punished for it?"

The problem with taking wealth from the productive and giving it to those that are not is that it removes the incentives to innovate and produce.

"There's no reason to be the best. No reason to live the American Dream. Unless the American dream turns into making 56,000 dollars a year and getting some Universal Healthcare."

No comments: