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Money, wealth and the tortoise and the hare

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Posted: Thursday, September 27, 2012 12:00 am

Lord knows that I’ve tried to help Barack Obama — I guess he doesn’t read the Lodi News-Sentinel. But hey, I’m not the kind of guy who gives up that easily.

I think the president’s biggest problem is that he doesn’t understand the difference between money and wealth. It’s pretty simple really; money is the product of government and wealth is the product of savings and investment. Of course, Mr. Obama believes that government, too, invests, but what he doesn’t seem to understand is that government tends to lose direction and waste energy.

It’s kind of like the story of the tortoise and the hare; on the left you have the hare — he runs for big government — on the right you have the tortoise — real wealth -— and he walks all the way to the finish line. Now it’s true that the hare (call him Barack O. Bunny) is very quick as he darts to and fro; but the problem for the silly rabbit is that he has no idea where he’s going. The tortoise (real wealth) on the other hand knows exactly where he’s going, and so he plods along in his deliberate fashion because that’s what real wealth always does. Meanwhile, Barack O. Bunny is running out of energy and getting desperate — must have been that Solyndra “investment.” So, seeing real wealth coming down the road, Barack O. Bunny tries to climb onto the tortoise’s back. But as everyone can see, real wealth is having no part of it.

So here we are, with real wealth at a standstill and a president who thinks he can just kick it back into motion. Fine, but I’ve got news for the president: He can kick wealth around all he wants, but he’ll kill it before he ever makes it move in the wrong direction. Believe it!

Stan Taves

Lodi

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