Monday, August 22, 2011

REAL WEALTH in AMERICA is pretty simple

There are ONLY THREE ways to increase real wealth in the USA.

1. Manufacturing: You have to take raw materials and add value. Labor becomes value.

2. Mining: You have to dig something out of the ground and produce something of value from it. Oil Drilling. Gas Extracting.

3. Agriculture: Plant a seed of some kind, grow it and sell the production to someone who adds value to it. Or raise cattle on the ground and sell the results.

There are no other ways to create wealth. Government can't create wealth. Government can regulate the production of wealth until it strangles the increase. Think of how many ways the government over regulates these three wealth producing enterprises. That is what is happening. Regulation on all of these three categories of true wealth production is causing our economy to come to a halt.

Banks, lawyers, government employees, teachers and wall street are not creators of real wealth. They live off the work of others. Health care is important, but it only preserves those who can produce wealth.

If a person is NOT engaged in one of the three wealth producing enterprises, they are taking from them.

It's time to think about what we are doing.

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