Can anyone explain this logic to me?

[BILLY D.]

Originally posted by Rocky Raab
I don't see how. What McCain describes is capitalism. Allowing employers to add paying jobs BECAUSE they're taxed less is precisely what increases the wealth of all Americans - or at least those who are willing to have jobs.

Socialists think that they can take money from the rich and give it to the poor. There are three problems with that. One, you very soon have no more rich, only newly poor. Second, those who could have continued employing others and growing the economy soon realize there is no point in doing so. Third, those who might have been employed and earning their own way also realize there's no point in doing so. Result: all poor, no rich and no source of wealth to redistribute. System collapses.

I don't know who made this quote, but you described it perfectly.

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy.

It's inherent virtue is the equal sharing of misery. "

Hope I got some of it right.

Best wishes, Bill