I normally don't cut and paste from other people's blogs, but have below - from the heroic Pamela Geller from Atlas Shrugs.
(graphic leftt, h/t DALE)There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide. “Foreign Policy Drains U.S. of Main Weapon,” Ayn Rand, Los Angeles Times, Sept. 9, 1962, G2
Higher taxes imposed on the rich (and the semi-rich) come out of their investment capital (i.e., their savings). These taxes mean less investment, i.e., less production, fewer jobs, higher prices, etc. By the time the "rich" lower their standard of living, those who work in their companies or subcontract with them will be gone, along with their savings and their spouses' jobs — and no power in the world (no economic power) will be able to revive the dead industries (there will be no such power left). This is paraphrasing Rand decades ago, in “The Inverted Moral Priorities."
We are done with lies. We are done with "it's Bush's fault." We are done with "Obama inherited the second Great Depression." No. Obama's policies led to a great coming depression. Obama talks about Bush spending? The utter gall. Bush was Jack Benny to Obama's prolifigate mack daddy warbucks. The left can spin it any way they like -- the economic emergency of 2008 was a direct result of Democrat entitlement/financial policy: Carter's Community Investment Act (CIA), Clinton's sub-prime push and the ensuing Barney Frank Freddie Mac/Fanny Mae plunder. I do not fault Bush war expenditures. We are at war with a ruthless, bloodthirsty savage ideology that has no humanity. No expense can be spared in defeating jihad. Obama's sniveling like a little girl falls on deaf ears when you consider the trillions he stole from us for no reason but to pad the pockets of his shadow government.
You might find it worth the effort to click on the link above and read the entire article on Atlas Shrugs.