This is neat. Think of it as a thought experiment. Imagine a regular swimming pool, with a “deep end” and a “shallow end.” There is a given amount of water in the swimming pool in total. That amount of water, we shall say, represents the total value of the economy. Basically, the total value of all of money available in the economy. If more water is actually produced (outside the system) and added to the economy, then, that would be the equivalent of adding water to the pool from an outside source.

However, this is not what is being proposed by the current administration. They say, instead, “Tax the rich!” Then, via programs of various sorts, they propose to give that money confiscated from “the rich” to “the poor.” This is the proposed plan.

However, let’s look at our pool. If we remove water from the deep end of the pool, and carry it around, and dump it into the shallow end off the pool, what happens? Nothing. The water level simply evens out. I can dutifully scoop up water all day from the deep end, and dump it in the shallow end, and, in the end, I will have accomplished nothing.

So it is with taking money from what “the rich” have produced and giving it to “the poor.” No water is really ever added, only re-distributed. Which, interestly enough, is what Obama said he wanted to do before he was elected. So, why should anyone be surprised?