Thoughtson Biden's speech/plan?

[BFritz21]

(05-03-2021, 08:21 AM)fredtoast Wrote: Why not?

Because everything will start collapsing, the government will take over, and the dollar will be devalued, just to name a few reasons.  

The elite at the top may benefit, but the normal people won't.  

You can't take from the rich and give to the poor because then the rich start laying people off and stop opening new businesses and other things that create jobs.  You can't just say "we're going to make things equal by taking from (x) and giving to (y)."  Raising taxes also just raises prices to offset them.  That's not the way the world works and it's not how America became great.

That's socialism, and socialism always fails, even so-called "democratic socialism."

Look at the places that have tried those things: Cuba, Venezuela, Sweden, and notice that they all fail.