The politician is using force to take money from people in order to spend it the way he wants to spend it. It’s no different than the Mob taking money from people through coercion and then buying businesses with the cash. It’s theft, regardless what the thief does with the money.
This “investment” nonsense is all over politics today. George W. Bush did it, but Barack Obama has taken it to new heights. If you saw his “state of the Union” speech this past January, you heard the word “investment” over and over. The government doesn’t “spend” money any more. It “invests.” Stephen Moore of the Wall Street Journal had an excellent article analyzing this incredible misuse of the word by Obama. (If you’re not a WSJ subscriber, you’ll find the text of the article here.)
Investment is a voluntary decision. Government taking money from you to spend is not voluntary. To call it “investment” is a lie. Whether you call it government or organized crime, it’s just the same. It’s theft, and it’s a moral issue.
Yep, pretty much.
Politicians “invest” for a political return, while individuals and businesses represent for an economic return. It’s not an investment when nothing is returned economically. If “investing” was the answer, than what about the first stimulus? It didn’t seem to do much, did it?
And since we’re going to call all redistribution programs investments, we heard the President say that his jobs bill will get new people hired with the payroll tax cut extension. That would be the same payroll tax cut that’s been in place since December, and we’ve had roughly 400,000 new unemployment claims every single month since then.
If you had made private “investments” like these, you would’ve opted out, but you can’t “opt out” of the government.