Economics, Liberty

The Speech Mitt Romney Should Give But Won’t

My fellow Americans,

I have been the target of numerous charges by my opponent in recent weeks.  Rather than repeat them, I will simply say this:

I will not apologize for my legitimately earned wealth.  I will not apologize for finding legal ways to reduce the burden from the wealth-destroying, job-killing, innovation-reducing, and poverty-creating monstrosity called the US tax code.

I will not apologize for working for a company that made numerous other companies more efficient and, in doing so, freed capital and labor to more productive uses that have enriched this nation.  Would my opponent prefer that we stagnate in the jobs and lower standard of living of a generation ago?

I will not apologize for working for a company that provided jobs in poorer parts of the world for people who desperately need better opportunities.  Would my opponent prefer that they continue in poverty and starvation?

Whether or not you think my job history is relevant to my qualifications for president, know this:  the events of the last few weeks have reinforced my determination to defend wealth earned legitimately through the mutually-beneficial exchanges of a genuinely free market and to condemn wealth made through cronyism, corporatism, and political connections.

When my opponent reveals so glaringly his inability to understand the source of the wealth that has, in only 200 years, raised humanity from the muck and mire of thousands of years of poverty, disease, and death, we all now know what the stakes are in the next few months.  I therefore pledge that if I am elected my number one priority will be to reduce the size and scope of government and free the American people to provide for each other through the market and keep the wealth they have thereby legitimately earned.   That is the path not just to recovering from the recession that decades of government intervention has produced, but to the long run prosperity of all Americans, especially the least well-off among us

My opponent is right in saying no one does it alone.  He is wrong in thinking that is a condemnation of free markets and legitimately accumulated wealth.  Markets are the most extensive and profound process of human cooperation we have ever discovered.  The way to ensure that such cooperation continues peacefully and with mutual benefit is to allow people to try (and fail!) through the market to provide what others want and to keep the wealth they thereby earn, and to face the consequences of failure.  Free markets are human cooperation;  government redistribution is not cooperation, it is coercion.  The justification for the wealth earned in the market is not that people do it alone.  It is instead that allowing people to become wealthy by selling what others want to buy is the best way to ensure peaceful social cooperation and to improve the lives of the least well off.

You can vote for the reactionary forces of economic stagnation, and thereby continue to condemn millions to their current unemployment and poverty, by re-electing the man who has presided over the continued decline in the US economy, or you can vote for the progressive, liberating, and enriching forces of the freed market.  You can vote for those who would condemn the wealth that enriches us all and who prefer the wealth that comes from political connections and cronyism, or you can vote for those who understand that in a real market, the wealthy become so by providing for others.

My opponent has staked out his position and I am now staking out mine.  The choice has never been more clear, or more stark.

***

NOTE:  I am normally hesitant to engage with electoral politics, so I do this with much trepidation.  And let me be clear:  I am a conscientious abstainer and none of the above is an endorsement of Mitt Romney, who I find generally loathsome.  But boy, wouldn’t it be nice to hear someone who has been subject to the attacks he’s seen in recent weeks respond this way?

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