One of John F. Kennedy’s
most memorable lines was that “A rising tide lifts all boats.” He was trying to help the American public
understand that when business prospers, so do the rest of us. And, of course, thanks to his tax cut, that
is exactly what happened.
Nowadays the Bureaucratic
(aka Democratic) Party has forgotten this lesson. Its partisans do not seem to realize that the
converse is true, namely that “A falling tide lowers all boats.” Barack Obama and his allies apparently
believe that when you impoverish the rich, somehow everyone else benefits.
Liberals clearly assume that
when they transfer resources from the haves to the have-nots, our aggregate
wealth increases. This is comparable to
imagining that when one takes a bucket of water out of the deep part of the
ocean and pours it into the shallows that the ocean as a whole rises.
We glimpse this mindset in
operation when the president insists that paying out unemployment benefits indefinitely
will somehow create more jobs. Were this
true, the sensible policy would be to encourage more people to be fired so that
everyone could collect government checks, thereby making the country
astronomically well off.
We also see this attitude in
proposals to increase the minimum wage.
Never mind that a million people would lose their jobs; those who got
raises would spend more and hence generate greater employment. Following this logic, the minimum wage should
be raised to at least $100. an hour.
Think of how much the recipients of this largesse could then purchase.
Liberal blinders are such
that they only see the good they propose.
They are utterly oblivious to the fact that when they give to some, they
must begin by taking away from others.
They do not realize that this is worse than a zero-sum game; that it is
a game in which everyone loses because the source of wealth has been cut off.
When I worked at a psychiatric
hospital, one of our teenage patients was being troublesome. As a result, the staff recommended a behavior
modification program in which she would be rewarded for good conduct. The question was: What should this reward be?
It was decided that because
she liked to listen to her radio, she should be allowed to do so when she was
good. The problem was that they first
had to take away her radio—a dreadful punishment. Her response was: You can take that radio and
put it where the sun don’t shine.
Is the America public
capable of connecting the dots the way this young girl did? Will voters ever realize that by confiscating
the wealth of some, they are reducing that available for others? In other words, first we must all get
punished and then a few will receive a tiny reward.
Liberals castigate
objections to this policy as “trickle down” economics. They say that refusing to steal from the
wealthy is tantamount to stealing from the poor. But they are one hundred
percent wrong. Stealing from any of us
is stealing from all of us.
A society that does not
reward effort and creativity gets neither.
A society that attempts to build up its losers by tearing down its
winners begets only more losers. We, as
a society, do ourselves no good by allowing envy to dictate our economic
policies.
So I say those of us who
want everyone to be better off should start advocating “Rising Tide” economics. We should not dissipate our energies by
fending off the incursions of the social justice crowd—but actively promote a
superior alternative.
“Social Justice,” as
championed by liberals, is not justice at all.
It is equalized squalor gussied up as a spoonful of sugar. It is not a rising tide, but a mudflat in
which no one can drown—but no one can swim.
If this is the ideal around which we are supposed to rally, then God
help us—especially the poor.
Melvyn L. Fein, Ph.D.
Professor of Sociology
Kennesaw State University