The Conservative View
by Russell Turner
Celebrations and Hangovers
We Americans are a people that want to have good time and not worry about the consequences later. It is amazing how many people get themselves into financial trouble buying Christmas gifts and celebrating the holiday season. It is so easy to get the credit card out and buy all kinds of bling and other things that we really don’t need in the first place. We forget that there comes a pay up time; just listen to all of the wailing and gnashing when the credit card bill comes in January. After the historic socialistic vote on government run health care that our all knowing and wise congressmen and women imposed upon us mere mortals, one individual compared the new law to being as good as Christmas day and, with this new legislation, every day would be just like Christmas.
Far too many people have the idea that all of the expenses will be paid by the rich people and corporations of this country; sadly they do not understand economics. I have seen people get irate when the items that they need keep going up in price. Corporations must make a profit if they wish to stay in business. Corporations for the most part don’t pay taxes; they are merely the instrument by which the government collects taxes from the citizens of this country. Whenever the cost of production goes up, the price of the product that they are producing must go up if they are to survive as a business. All businesses do this; they are passing the cost of increased production on to the consumer. For example; if a company manufactures toasters and sells them for ten dollars, they have to have that amount in order to stay in business. If additional expenses are incurred (such as health care premiums) the price may jump to thirteen dollars. In reality the cost of health care premiums that you thought someone else would have to pay has just cost you, the consumer, a 30% jump in the cost of the toaster that you needed. What most people fail to understand is that, all the items that we need will rise in price.
Many people like to have a big party on New Year’s Eve and consume an excessive amount of alcohol, usually the next morning they wake up with a throbbing head and a huge hangover. For the Americans that are celebrating this new entitlement, it will be just a matter of time until their headache begins.
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