Are you a Republican?

Okay,  so you have a kid who you give a piggy bank so he can learn the value of money and plan how he will spend it.  You give him little odd jobs and pay him with a mutually agreed upon process by which he puts some of that money in his piggy bank.

Well the kid learns well and begins to go out and find his own small jobs that pay him for each little thing that he does.  In the process he continues to put away the same percentage of the pay into the piggy bank.  In the process he starts collecting quite an impressive pile of money.  The kid then decides to open a savings account so that his money can collect interest.  So you open that savings account in his name but in doing so you realize that he is starting to gather a significant sum.

Well,  look at all that money,  you think.  You have an idea, let's say replacing your front doors.  But you are a bit short on cash. So,  you pull out a note pad and write out I.O.U.  $200.  You take the $200 out of his savings account and put the I.O.U.  in his piggy bank.

The kid keeps working and you keep putting his money in his account.  But you also keep finding new and different ways to spend his money.  So,  you keep putting I.O.U.'s in his piggy bank and taking money out of his account- that money no longer collects interest.

Well, eventually,  the account runs out of money. 

Rather than telling the kid that you have been taking all of his money and replacing it with IOU's  and assuring the kid that you will give him his money-  you tell him that the account is empty.  You call him irresponsible and say that the idea of saving that money for the future was foolish.  You criticize him for his poor money handling skills and close his account.

If this all sounds like a perfectly acceptable way of handling money-  you may be a Republican.