Wherefore, honest men and wise men should be sought for diligently, and good men and wise men ye should observe to uphold; (D&C 98:10)

Tuesday, October 28, 2008

Economic Policy: Ideal and Reality

I have a friend who does not seem as conservative as me when it comes to economic policy. She is considering voting for Obama. I emailed her Teach school children what spread the wealth means. I agree with her premise that many people are poor because of their lack of opportunity.

She looks forward to a civil implementation of the Law of Consecration. I also look forward to this. I see it being based on the principles taught by king Benjamin and those more fully practiced hundreds of years later.

One key principle in this economic policy is that they gave voluntarily. They were not compelled to give the poor their means. They did make covenants that they would be giving. So after a man made a covenant, he was held accountable.

This kind of economic policy is already available. There are many charities that promote self sufficiency and the dignity of work in the way they uplift those in need and want. There is the perpetual education fund. There are humanitarian charities. There are opportunities to serve with our own hands in the communities where each of us live.

Charitable welfare is possible as far as we are able to persuade those around us that it is a good thing for them to do personally. Compelling those around us to be charitable is not as effective as having them acknowledge their position before their Maker; that they might give of their means to provide relief and opportunity to those around us.

The above is the ideal. The reality is that very many of us are not charitable. Many don't care so much to help the less fortunate. We can do better in persuading others and ourselves to be more giving. I really like the focus both candidates gave for a day or two on promoting service.

Obama is the most liberal presidential candidate(1, 2) ever nominated by either of the two main parties. If he gets elected and is not checked by a Republican House or Senate, we may turn this recession into a depression like FDR did. You cannot tax your way out of a recession.

1 comment:

Emily said...

I love that you blogged this. I think that fundamentally we are on the same page. It would be interesting to compare Obama's proposed tax rates to what we have had with the last few administrations. Have you seen that done anywhere?