Prosperity

How can the government spend the country into prosperity? To create prosperity requires the creation of wealth. Some may think that since the government creates money, it creates wealth. This is not true. The government does not create anything but debt. Money is worthless without something to back it up. Wealth and therefor prosperity is created by the private sector. The more debt the government creates the less the money is worth.

Sure you can say that education creates better citizens, which has some merit, but education is still mainly a product of the local and state government. But there again the wealthy and anyone who can flock to private schools. The most prestigious higher education institutions in the country are private, not public universities.

Too many people don't understand how wealth is created. For too many years the government has used increases in the minimum wage to convince people that they are improving the standard of living. The sad truth about such moves by the government is that it does not improve the standard of living. Each time wages are artificial increaseds, the value of the money goes down. In the end pay goes up along with prices.

The only way you can prosper is to pick yourself off the floor and make your life better. Prosperity is not free, easy, or provided by politicians. No one will become rich on unemployment. Those in the government think they are doing good by spending stimulus money, but for every dollar the spend the less each is worth. Stop waiting on the government and find a way to improve your own life. Prosperity is not about riches, it is about the wealth of the human spirit.

©2010 Pedro Sykes - Some Rights Reserved

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