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January 26, 2006

Redistribution of Wealth

We in the United States of America oppose the redistribution of wealth by the government; after all... we are not Communists.

So, what percentage of the US federal budget goes to the redistribution of wealth? What percentage of US GDP is redistributed?

Captain Capitalism knows. As is usually the case, he has some beautiful graphs to help spell it out. There really is no excuse for not following the link and checking this out.

Wulf Posted by Wulf on January 26, 2006 at 08:59 PM

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Comments

Wow! Thanks for puttin' up that link.

Posted by: Harrison at January 26, 2006 9:41 PM

There are different kinds of Wealth Redistribution differentiated by methods of collection and methods of distribution. I think most US Citizens would agree that burdening productive citizens with the support of non-productive citizens can be taken too far. HOWEVER ... some care should be taken in determining who is who in that statement. Does anybody really believe that any single person can actually "earn" 100 or more times the average income each year? Who is the unproductive person in that case? Is a child born into poverty really less productive than one born to the richest man in the world? It seems to me there is some logic and reason to consider ways in which an appropriate kind of Wealth redistribution can be achieved.

Posted by: george spelvin at March 1, 2006 3:25 PM

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