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‘Spreading the wealth’ is not a good idea

TimesLedger Newspapers

What better place to demand the redistribution of wealth than on Wall Street? When the occupiers were asked, most could not explain their grievances, why they were there, who will determine whose wealth requires redistributing, who will do the confiscating and who will do the equalizing.

The premise for the redistribution of wealth is unconstitutional and immoral. Indeed, the Declaration of Independence declares that human beings are “created equal ... endowed by their Creator with certain unalienable Rights.”

But the Founding Fathers were cognizant of the nature of man and were not so presumptuous as to prescribe equal outcomes. All that is guaranteed are “Life, Liberty and the pursuit of Happiness.”

Human nature dictates and people of sound mind expect a variety of outcomes. Not all possess the skills and acumen of Bill Gates or Donald Trump. Is it compassionate and just to redistribute their wealth and punish them for their success? If the wealth of the world were distributed equally to every person in the world, within days there would again be rich and poor people.

The appropriation and redistribution of other people’s money nurtures the entitlement mentality rather than the entrepreneurial instincts of man. Consider the following: A panhandler standing on a corner receives a dollar every day for a week from a beneficent donor on his way to work. One day the following week, the donor has no dollar bill to give to the man. As he passes by, the panhandler taps him on the shoulder and asks, “Where’s my dollar?”

Once a claim on property is permitted and sanctioned, however small and insignificant, the sanctity of private property has been abrogated and the amount to be confiscated will be determined by the mob in charge.

Ed Konecnik

Flushing

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