Howard Dean Vs. Wealth Creation

The people who built this country were in my father’s generation, his father’s and his grandfather’s generations. The overwhelming majority of these were white European men. Some worked at the bottom as laborers, some in the middle as managers, and most important were the ones at the top who figured out how to pull together investment dollars to build money making (wealth creating) businesses that would employ the others.

Is Chairman Dean planning to give the country back to them? I doubt it. Here’s why.

Modern Democrats are focused on transferring wealth from those who have created it (see above) to those who need it. They act like the wealth of America is an infinite warehouse. They have forgotten that the warehouse was filled by a process.

The process started with recognizing a need for a product or service. Then investment money was put to work hiring people, building work spaces, buying raw materials, and training people. The process transformed raw materials into products that other people wanted. To get those products, people traded money, things they owned (wheat, timber, metals, etc), or their wealth creating labor (8 to 12 hours a day).

Modern Democrats have forgotten that America is a trading nation. If things are taken out of the warehouse and given away, the accumulated resources will be rapidly used up. If people are hired to work but create no wealth, they are an expense to the company. Soon the company will go out of business. Even the productive employees will be without income. The American economy is the same, only on a larger scale.

Democrats would experience general praise for a message which promotes the wealth creating employee and enunciates governing principals that lead to greater wealth accumulation for every American.

The Democrat’s current message, “helping the most vulnerable among us,” sounds noble but does nothing to restock the economy. The best thing Democrats can do to help the vulnerable is to create an atmosphere which keeps the warehouse full.

Americans are a generous people.

Lee A. Presser