Monday, March 9, 2009
Why Wealthy Americans Often Lean To The Right
Many wealthy Americans lean to the Right because they are focused on keeping their taxes low. However, that is a very short-sighted attitude. Low taxes on the wealthy is not what keeps the economy healthy. FDR was fairly wealthy, and aristocratic. He was called "A Traitor To His Class." But he saved Capitalism with programs that spread America's wealth to millions of more people, and that created a strong consumer base for the products the entrepeneurs were creating and producing. It was not a question of low taxes or high taxes, but of fair taxes that allowed everyone to pay their fair share and to keep their fair share. Harry Truman called it The Fair Deal. The Kennedys were also very wealthy people who pushed for broad-based social programs, and Warren Buffet advocates the same thing today. Obama is not as wealthy as these liberal Democrats, but he is following similar policies. This is not Socialism or Communism. This is Healthy Capitalism -- as opposed to the Diseased Capitalism championed by the likes of Rush Limbaugh.