True Wealth Radio

07:29:2019 Economic Overview & Our Founders Warnings Against Redistribution of

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07/29/2019 Economic Overview & Our Founders Warnings Against Redistribution of Wealth   The Founding Fathers on redistribution of wealth “To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it.” — Thomas Jefferson, letter to Joseph Milligan, April 6, 1816 “A wise and frugal government… shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” — Thomas Jefferson, First Inaugural Address, March 4, 1801 “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pr