I saw an interview with some guy involved with Obama's campaign earlier today. He was giving the usual Democrat line about how wealth needs to be redistributed. You know, tax the crap out of the rich people and use that money to create programs for the poor people.

The fundamental misunderstanding here is that they don't realize that rich people who run big businesses are an asset, not a problem.

First of all, let's clear something up here. Rich people are not automatically greedy *******s. Having money does not make you evil. There are plenty of greedy poor people in the world, and there are plenty of kind and generous rich people who do good things with their money.

Furthermore, rich people who run big businesses are what drives our economy. If you want a job with a particular business, then that business had better be able to afford to hire you, or else you're not getting that job. The more taxes are paid by big companies, the less money they have available to hire people with. So when you raise taxes on the richest people who are in charge of big businesses, that results in a loss of jobs because now those people can't afford to hire as many people for their business.

Ultimately, who ends up getting hurt here? The poor people. The rich guy running the business will have to shrink his business a little, but he'll still end up making some profit. And, of course, the politicians who raised taxes in the first place are getting a lot richer 'cause that's where all the taxes are going. Meanwhile, the poor dude looking for a job is out of luck.