Bill Whittle reminds the world that fiscal conservatism is founded on the principle that wealth comes from ideas, not rich people, poor people or a black box

The Left’s paradigm for the origin of wealth is that it comes from a black box and there’s only a limited amount of it, so if one person has more it means another person must have less. This is the rationale for the redistribution of wealth in a nutshell.

In contrast, fiscal conservatism is founded on the realization that wealth is created from ideas and requires the right conditions to grow, such as low taxes and smaller government. This is the core message of fiscal conservatism and it is the one that is the most inspiring and magnetic. Yet it also is the one that fiscal conservatives never mention, perhaps in the mistaken belief that it is too obvious to miss.

But Leftists really do not know how to create wealth, so I was very pleased to find this video by Bill Whittle explaining how wealth is created and showing the Left the errors in their paradigm so they can start learning to make the most of themselves by creating wealth rather than trying to figure out new ways to re-distribute it that wind up strangling the economy for everyone.

Tweet

Tagged as: Fiscal conservatism, YouTube videos