Uploaded by mynameiswhatever on Jan 18, 2009
Margaret Thatcher’s last House of Commons Speech on November 22, 1990.
People on all levels of income are better off than they were in 1979. The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.
No wonder Ronald Wilson Reagan (who I named my son Wilson after) and Prime Minister Thatcher were good friends. They both saw through the motives of the liberals.
I shared an amazing video last year featuring Margaret Thatcher exposing the left for wanting to keep the poor destitute if that was the price of hurting the so-called rich.
Deroy Murdock makes similar points in a great column for National Review.
For too many liberals like Obama, “fairness” is not about enriching the modest; it’s about impoverishing the moneyed. Multibillionaire Warren Buffett has energized liberals with his still-unverified claim that his tax rate lags his secretary’s. …Somehow, reducing the secretary’s taxes never came up. Instead liberals demand the so-called Buffett Rule, an instrument for bludgeoning the successful rather than boosting the downtrodden. …Here’s how the Right should challenge the Left: “If you dislike income inequality, lift those with the least. Let’s adopt universal school choice, allow personal Social Security retirement accounts (to democratize long-term capital accumulation), radically reduce or eliminate America’s anti-competitive 35 percent corporate tax (to supercharge businesses), and pass right-to-work laws (so the jobless won’t fester outside closed shops). Let’s build the Keystone Pipeline (to create 20,000 blue-collar positions right now and lower everyone’s energy costs), frack for natural gas, and tame the EPA, OSHA, SEC, and other power-mad bureaucracies, so U.S. companies will stay here, and foreign firms will move in.”
Needless to say, the left will not accept Deroy’s challenge.
And most leftist leaders would like to impose higher tax rates on success, even if the government collects less revenue.