On TheBlaze TV Monday night, Glenn spent some time addressing two competing philosophies that are dominating the talk among the election. Those two philosophies are (using Glenn’s favorite food metaphor): There is the idea that there is a finite amount of pie in the world, and the competing idea that we are all bakers and can make more pie.
What does this mean? Basically that there are some people who believe that there is only a limited amount of wealth (or pie) out there, and we are all struggling to get a piece. On the other hand, there are people who believe that you can go out and create more wealth and that your benefit doesn’t come at the hands of someone else’s failure.
Glenn used France as an example to illustrate this contrasting philosophy. In France, the Socialist President plans to increase the taxes on people who make over a million euro to seventy-five percent. If you’re a small business owner that makes a million euro a year and have a plan to expand and make ten million euro a year, would you want to do it if the government got to keep 7.5 million euro of it? Probably not. The socialists philosophy kills the desire for individual innovation. Meanwhile, France’s richest man is eyeing a move to Belgium. It’s the same as when it happens in the US – New York and California raise the taxes so high people have almost no choice but to move to Texas and Florida.
Glenn then referenced an article he read over the week that laid out the differences between how “rich” people and “average” people think. While he didn’t agree with every point, he did find some illuminating:
3. Average people have a lottery mentality. Rich people have an action mentality.
5. Average people long for the good old days. Rich people dream of the future.
8. Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.
17. Average people focus on saving. Rich people focus on earning.
18. Average people play it safe with money. Rich people know when to take risks.
“There is a difference between people,” Glen said. “We’re all created equal, yes, but we don’t end equal.” he said.
The great thing about America is that you can dream as big or small as you want, and it’s up to you to build whatever you want. That essence of America is why people have always flocked to America – it’s the land of opportunity.
But under the current administration, that mindset has changed to one where we now dream of only being middle class, and being a success isn’t something that anyone can achieve. Instead, the new narrative is a select one percent get all the wealth and the rest are left fighting over the scraps. The solution? Divide the whole pie equally rather than encourage people to make more pie (see how it all ties back to food?).
Glenn returned the opening question of his monologue which prompted this discussion of two philosophies: Are you better off than you were four years ago? The answer is no. Not only is America still struggling, but the attitude of “tomorrow will be better” is diminishing.
Watch the opening of the monologue below: