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The following is a
letter to the editor that I submitted to the Richmond Times Dispatch on May 23, 2001 and was
published June 2. Editor, Times Dispatch: Senate Democratic Leader Tom Daschle vehemently opposed
President Bush’s tax cut plan on the basis that the “wealthiest one percent”
should sacrifice their earnings for more social programs and for those who
earn less. Daschle recently
criticized the President’s energy policy because it lacks sufficient steps
for conservation and takes a laissez faire attitude toward rising
energy prices. Daschle has
finally proven himself to be an enemy of capitalism and a promoter of
self-sacrifice. Conservation means sacrificing Man’s needs in order to
“share” resources with the environment.
It rejects the principles upon which our country was founded – the
pursuit of a better future by freeing man’s mind to develop new means of
production and to profit from this pursuit. We are obligated to use all of the resources available to
us. But how can we create new
means of production or improve the old ones if supply is stymied by government
regulations and calls for conservation?
Daschle has called for price caps on energy, and he
continues to support the consistently unprovable accusations of corporate
price gouging. As energy prices
rise in an unrestricted market, consumers will use less and producers will
have incentive (profit) to produce more, or innovators will develop newer,
cheaper, and more efficient means of production. The honest pursuit of profit is not only moral but it is
also the base upon which this great nation was founded. Not upon the vice of self-sacrifice. -Bob Murphy.
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