JOBS AND WEALTH CREATION


Socialists often start by distributing wealth. They forget it first has to be created.

You only provide new jobs if you generate more wealth and build up more businesses. It’s Government’s task to see that the citizen is not overtaxed, not overregulated, not over-governed. Then private enterprise can get on with the rest.


Yet there is a consistent tendency in our society to down-grade the creators of wealth. And nowhere is this attitude more marked than in cloister and common-room. What these critics apparently can’t stomach is that wealth-creators have a tendency to acquire wealth in the process of creating it for others!


But the truth is, Mr. Chairman, that the creation of wealth is the most fundamental of all social services. For it is the wealth-creator alone who has the enterprise, the resources and the vigour to build the business which will put the unemployed back into work.


Mar 23 1985 – Margaret Thatcher.
Speech to Conservative Central Council.

11 comments

  • onlyfactsplease

    I have close relations with numerous people in Germanystan and I am well aware of the political and social conditions there. The country is well on its way to becoming another socialist state. It is highly taxed, highly regulated and is highly ideological in its immigration policies. Merkel has even managed to push the once center-right party, the CDU, into the left side of the political field. It has lost a large base of its electorate and the Greens are on the verge of becoming the strongest party in the upcoming elections in the fall of this year. For those of you who know about this sewage party, know that the Greens in power will put the last nail in Germanystan’s economic coffin. They will drive out the business people and wealthy by their excessive tax rates, flood the country with yet more third-world parasites who are very expensive to support and start what some call an “ecological dictatorship”. This means making their already very expensive energy costs even more expensive to discourage the use of automobiles, flying in airliners and heating their homes and many more measures that will be quite painful.
    At first glance, some of these measures seem okay, after all, they tax the rich and help the environment. However, they will be punishing those who are already struggling with the daily costs of living. The rich easily can and move to other countries to avoid excessive taxation and so forth but the poor or even the middle class cannot. They will be stuck, footing the big bill. And, without the chinks and the US doing their share, there is nothing Germanystan can do to help save the climate, with its only 2% share of the global CO2 output.
    The Germans can say thank you to Merkel, to the schooling system, which has long been infested with leftists and ditto for their media, for the country’s many woes and more to come in the future, when their increased socialism will also increase the financial burden and downfall of their industries and already decrepit education system.
    I know some Germans who hate the Greens but wish for them to come to power. Why? So that they can drag down the country so far so as to open the last blind fool’s eyes that voted for them and make them finally see what a bunch of dangerous fools the Greens really are. But, then it might be too late.

    Liked by 5 people

    • I was thinking of Joe’s gigantic tax and spend programme, but you are right, the krauts are just as bad. As you say, Merkel’s bunch of putler grovelers are now not much different from the SPD. So you have two centre left parties, several far right scum and some commies; all of who are putlerites.
      Then you have the Greens, who are of course watermelons.
      This means there is not one mainstream anti-putler party. Greens on the global stage being Marxists, tend also to be putler jackboot lickers. Take for example the loathsome head of the US Greens; Jill Stein, who was paid to sit next to putler at a dinner in Moscow celebrating the birthday of the RaT TV shitshow. One the other side of putler, incidentally, sat Michael Flynn, the sick bastard who recently swore allegiance to another Russian creation : QAnon.
      However, from the Ukrainian perspective, the kraut Greens are good news, since they are at odds with the global Green community by being vehemently opposed to putler.
      The best thing for Ukraine would have been Annegret Kramp-Karrenbauer as Chancellor. Instead, Ukraine will have to contend with the vile Armin Laschet. It is to be hoped therefore that the Greens do well and end up in coalition. They certainly would stop NS2.

      Liked by 6 people

      • onlyfactsplease

        That the kraut greens are good for Ukraine is the ONLY positive aspect. However, this will not help Germanystan any. But, who cares, right! 😉

        Liked by 6 people

  • There’s reasons why the socialists became powerful. Companies lowering wages, moving production to China, Mexico and Bangladesh, cheap work-force from shitholes being imported, the rich getting richer while the poor only got poorer, etc. Captalism today shits at people, their culture, their borders, the animals, the environment, the climate, women, children and moralty. It is this generation of rats that is also responsible for Ukraine’s mess today. I’m not a socialist, but i believe capitalism needs rules, like any board game. Without rules chaos will reign. And it already does.

    Liked by 5 people

    • onlyfactsplease

      “…capitalism needs rules…”
      Absolutely! Actually, it’s baffling why there are so very few politicians who can find a balance between socialism and capitalism. Capitalism serves human greed and socialism serves human laziness.

      Liked by 5 people

    • There are companies that are richer than most countries, such as Apple, Amazon, Microsoft and big tech like FB and Twitter, whose bosses all love their enormous wealth, but like to espouse crypto-Marxist beliefs. They all want cheap third world labour and are all keen on factoring out production to the fucking chicoms.
      I love capitalism and wealth-creators, but can’t help but despise all of the above, since they abuse their enormous power.

      Liked by 5 people

      • onlyfactsplease

        Big money often brings big problems. If the human being were a creature with true morals, wealth would be more evenly spread and the earth would be less raped. But, unfortunately, this planet is filled with money-hungry monsters and is dying a slow death and no one has the right answer for a balanced way to handle this problem. I, for one, have started a while back to avoid using any sort of money-grubbing companies, such as all of those that you’ve mentioned, and I avoid buying anything from bat virus land and anything that was produced in any way that would help propagate the destruction of rainforest and so on and so forth. I can do this and still be a conservative person and live a good life. If enough people would do this … who knows…

        Liked by 5 people

        • I try to do what you do, but don’t always succeed unfortunately. I use Apple devices even though I dislike the company. Mainly because they are almost impervious to viruses and malware.
          Maggie was all about giving breaks to the drivers of any successful and vibrant economy: the SME’s. She also saw the importance of owning your own property and sold off lots of govt housing stock at knock-down prices.
          I read somewhere recently a very positive thing (for a change) about Ukraine: home ownership is very high; one of the highest in Europe. Mainly because the govt transferred ownership of the old Soviet apartment blocks to the residents; thus giving them something that can be handed down.
          They still build social housing though; mainly for young marrieds, as I understand it. However, some of them prefer to rent them out, move back in with the parents and collect the rent for income!

          Liked by 5 people

          • onlyfactsplease

            Admittingly, it is not always possible not to buy something made in bat virus land or to use a company that has already grown too large but if people like you and me and enough others at least TRY, then this could make a big difference.

            Liked by 5 people

  • stanleyankiewicz

    Income inequality in the United States is at its highest level in at least 50 years.In January, Oxfam reported that the world’s wealthiest 26 individuals had the same amount of wealth as the poorest half of the population.The current situation is not sustainable.
    I am a card carrying capitalist but the
    system is broken. the ‘trickle-down’ process of having money at the top trickle down to workers and others by improving their earnings and creditworthiness is not working.
    Almost all of the billionaires ( Gates. Zuckerberg, Buffet Dalio Beniov, surprisingly agree with more taxes on the wealthiest.

    Liked by 5 people

    • Only an honest market and level playing field can set honest market prices and incomes. After the Socialist policies of the Obama/Biden policies Trump did a great job turning things around and they trickled down across the world too. Here is a wages chart that shows the turn around after dips because of 911 and 2009 recession:

      Liked by 4 people

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