The Underlying Social Contract

There is nobody in this country who got rich on his own. Nobody. You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.

– Elizabeth Warren’s recent answer to critics of Obama’s plans to slightly raise taxes on the wealthiest Americans

via Washington Monthly

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One thought on “The Underlying Social Contract

  1. Of course, I disagree with the conclusion. The guy that built the factory, he paid taxes for roads, etc. The big question is this – why does the guy who built a factory have to pay more for the items the government provides for all its citizens? If the answer is that that guy has more to lose, then the government is acting as a commercial player with pricing based on reasons other than pure citizenry. If that’s the case, then give me a price sheet and let me determine the best “pacakage” for me like my cable plan.

    Dems and the GOP both suck and have ruined this country’s economy.

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