Wednesday, January 11, 2012

Creation Of Wealth Is Remedy To Poverty-An Article By Harsha Sankar- October 1994

Dear Citizen, October 1994



Governor George Allen has proved to be an ambitious administrator in his first year in office. He has proposed radical changes that will revamp and restructure the role of state government and how it is funded. However,Governor Allen has demonstrated the inability to prioritize and put things in perspective. He also has shown he lacks understanding on how wealth is created and on what government’s role in society should be.

Governor Allen’s initiatives and proposals can be summed up in two ways:



1) He wants to cut social services and aid in order to provide tax cuts.

2) He wants to deregulate business and reduce the power of government agencies that regulate it.


While the second initiative is essential for the creation of economic opportunities, the first will present obstacles in the path of empowerment and social mobility. Moreover, even though it is widely agreed that big government is regressive, for anyone to simply cut services (even though inefficiently administrated) benefiting the needy just to provide tax relief to high–income people (regardless of whether they are productive) is inhumane. Although the Governor is correct to eliminate or decrease funding for pork-barrel projects, his plan to reduce aid to the disenfranchised without tackling the waste government produces in the private sector will only cause deep resentment and class warfare.

Government has two domestic requirements it needs to fulfill in society. One of those is the provision of a safety net so that people in strife will have access to the bare necessities.

The other is total,unequivocal,and equal protection of the basic rights of Virginians. Reforming the legal system which enables the parasitic forces in society to drain vast amounts of capital from productive Virginians should instead be a top item on the Governor’s agenda. Governor Allen’s constituents spend in excess of three billion dollars annually in lawyer fees alone. That figure itself exceeds the amount of tax revenue collected by this Commonwealth yearly. This dollar figure also represents the amount of money Virginians are blackmailed by its three branches of government to pay lawyers in order to avoid punishment or forfeiture of their basic rights. That is where the true welfare lies. The amount of money spent to assist the economically deprived (even though yielding a low rate of return) pales in comparison to the figure just quoted.

If Governor Allen would just take necessary steps to assist his constituents in obtaining justice without having to foot such an expensive bill, these actions alone would truly reform the welfare system. People would not need welfare because the abundance of new capital that would be available for investment (instead of currently being sucked up) would expand enormously the rate of productivity and economic growth. This would give Virginians the opportunities they deserve.

Governor Allen must come to the realization that people afflicted with poverty are not the cause of poverty, but rather are the victims instead. The answer to this strife is legal reform.


Very Truly Yours,


Harsha Sankar

Virginia

0 Comments:

Post a Comment

<< Home