5 Ways Socialism Destroys Societies…

gazzetta

By John Hawkins

1.) It kills economic growth: Strong economic growth is what produces jobs, tax revenue and a better standard of living for everyone, including the poor and middle class. That’s what John F. Kennedy was driving at when he said, “A rising tide (in the economy) lifts all boats.” Socialism strangles economic growth in the crib by penalizing success and rewarding failure. When you loot the successful people in a society to give it to the less successful, you quite naturally reduce the number of successful people and encourage more people to fail. This leads to a never-ending cycle. The more people in need there are, the more the successful must be penalized to pay for them. The more the successful are penalized, the fewer successful people there are. This causes wealth to concentrate in fewer hands, the economy slows down, and even more people need help. It goes on…

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About narhvalur

Environmentalist, Animal Lover, Birder,Equastrian
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