Margaret Thatcher famously said, “The problem with socialism is that sooner or later you run out of other people’s money.”
Do you know why socialists run out of other people’s money? Well there is their insatiable desire to spend other people’s money. That is a desire that out strips the capacity of other people to earn money.
But then there is another factor. At some point, those who have worked hard to earn a good living for themselves get tire of having their money taken and they vote with their feet.
Who is the latest to vote with his feet?
In a radio interview last week, Gov. Andrew Cuomo (D-NY) made some disparaging comments about pro-life conservatives, stating they had “no place in the state of New York because that’s not who New Yorkers are.”
Those remarks drew the ire of conservative talk show host Sean Hannity, who on his Monday radio program declared he had enough and was abandoning his home state, where he hosts his widely syndicated radio show and his high-rated Fox News Channel television program.
“Now I want to tell you something – I was born and raised in New York,” Hannity said. “I want you to know that and I can’t wait to get out of here. I really can’t. I don’t want to pay their 10-percent state tax anymore. I live in the second-highest property taxed county in the entire country in Nassau County. I can’t wait to sell my house to somebody who wants it. I can’t wait to pay no state income tax down in Florida or Texas. I haven’t decided yet, but I’m leaning Florida because I like the water and I like to fish.”
“Gov. Cuomo, I’m going to leave and I’m taking all of my money with me – every single solitary penny,” he added. “And by the way governor, because I work here – there’s a whole bunch of people that work for me and benefit because I do two shows. And I guess maybe some of them will be out of work, governor. I’m sure you’ll take care of them.”
The only problem is that taxpayers outside of New York continue to subsidize New York through our Federal taxes.
Socialists always abuse the productive and the productive eventually decide to either quit producing or to go elsewhere. It is happening within the United States. The question is when are Americans going to start voting with their feet, moving to other nations and giving up their US citizenship over this?
That day is coming.