Originally Posted by BigRedChief
The widening gap between the wealthy/Middle Class/Poor has to be addressed. Without a strong middle class we are done as a country at some point.
OK, but the solution is not to make EVERYONE middle class.
The narrative I hear from the left is that the reason for income disparity is that the rich take advantage of 'the poor' and that evil free-market capitalism is to blame.
I agree. The rich in this country do take advantage of the poor, but it's with the help of Washington. Who passes laws that give the 1% these kind of advantages? How do life-long senators earning less than $200K a year end up being worth $100 million?
The solution, from a conservative perspective, is to cut these crony ties between business and government. Set a tax rate and don't waiver from it or provide any loopholes that give favors or manipulate the market to someone's advantage.
The minimum wage? All that does is set the bar higher for young people and others looking to get their foot in the door and change their lives.
Cut the cord. Washington's purpose should be solely to investigate and prosecute instances of fraud and other criminal activity. Having more regulations and oversight only provides more opportunities for extortion and hurts middle class businesses because they don't have the means to comply that big businesses do.