Economic security

This is a small excerpt from the speech by Ezra Taft Benson, the whole thing is wonderful, just what our country needs right now. He explains very clearly how to judge any proposed legislation, distinguishing that which preserves freedom from that which takes it away. I highly recommend reading or watching the whole thing, you will be glad you did. The links are on my last post.

Economic security for all is impossible without widespread abundance. Abundance is impossible without industrious and efficient production. Such production is impossible without energetic, willing and eager labor. This is not possible without incentive.

Of all forms of incentive - the freedom to attain a reward for one’s labors is the most sustaining for most people. Sometimes called THE PROFIT MOTIVE, it is simply the right to plan and to earn and to enjoy the fruits of your labor.

This profit motive DIMINISHES as government controls, regulations and taxes INCREASE to deny the fruits of success to those who produce. Therefore, any attempt THROUGH GOVERNMENTAL INTERVENTION to redistribute the material rewards of labor can only result in the eventual destruction of the productive base of society, without which real abundance and security for more than the ruling elite is quite impossible.