Targeting the rich does very little for the poor!

It’s like printing loads of money that ends up like the Zimbabwean currency a few years ago, with a trolley-ful needed to buy a loaf of bread!

Of course it is tempting to a politician who grew up on a council estate and lived on social welfare, to grow up thinking that higher taxes for the rich is the solution to getting the poor out of poverty. No. It doesn’t work like that. The rich are too resourceful! They’re too well networked. They will simply move their wealth elsewhere, move their businesses elsewhere and the result? worse poverty! And they know that!

To get the poor out of poverty, you will indeed have to create more opportunities, more wealth! And what that means, is that the rich will always get richer! What we need to do, is to improve the minimum standard of living i.e. drag the poor out of poverty, accepting the rich will remain rich or richer. You don’t drag one down to get the other up! Sounds logical, but it simple ain’t gonna work! What you do is drag both up higher, so that the poor come out of poverty!

The above is the reason why socialism fails. It is the reason that the Labour Party in the UK – with their noble ideals – have been out of government for so long! The posh, public school (privately educated) Conservative Party folk know that you don’t help the poor by stifling the rich! It’s just simply not how that equation works! They are often accused of lining the pocket of the rich, but in truth, perhaps the only other half of the equation that’s missing, is to drag the rest of the population up! There is absolutely no logical reason for anyone in the UK today, to live below the poverty line. We just need to create more opportunities for the poor instead of treating them with disdain and labelling them as benefit-seekers etc. YES, we have fallen into the trap of over-dependence on welfare. We now have a whole generation of young people who believe they must receive government help with everything! Their rent, their holidays, EVERYTHING!

If we can have a government that blends Labour’s noble thoughts with the Conservative’s ability to create wealth and channel it all in the right direction, we will be back as a superpower and the poor will be comfortable (and not forced onto food banks), the rich will carry on lining their pockets and create more opportunities for the poor, and life goes on…..