postheadericon Gazette: This is no longer a country of winners and losers

Yesterday’s Colorado Springs Gazette had probably one of the best editorials written yet about the state of affairs in our nation.  The editorial board of the paper addresses the push by the Obama administration to take over every aspect of our lives and turning us into a nation of mediocrity where failure is rewarded and success is punished.

This is no longer a country of winners and losers, in which one had to produce extraordinary wealth — by enhancing the human condition — in order to live in a big fancy home. This is no longer a country that generates wealth as a result of people craving the comforts of success and dodging the torturous consequences of failure. This is no longer a country in which people have incentive to create and produce in order to gain access to the greatest health care in the world. More and more, government ensures that people who fail have at least as much security and comfort as those who succeed. In a country that treats failure like success, it’s hard to imagine why a majority would make difficult, responsible, intelligent decisions. It’s hard to imagine why a majority would bother to innovate and produce and avoid bad loans.

If winners lose incentive to produce, because they live like everyone else, the country won’t have enough wealth to pay off its mounting debts, much less to pay for health care. That’s why Moody’s Investor Services this month began questioning our country’s long-standing, gold-plated credit rating. A country that consumes more than it produces, as a result of rewarding poor judgement and minimal performance, has a bleak financial future. 

This is a must-read.  Please click here to read the entire editorial, OUR VIEW: Forced to buy a house.

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