Redistribution of Wealth

Redistribution.  We hear a lot these days about redistribution of wealth.  I dare say that if all the wealth of the nation was equally distributed among all the people that within five years 90% of that wealth would be back in the hands of the same people.

Most people have no idea how to manage wealth.  Just look at the number of celebrities and lottery millionaires that squander their sudden wealth and end up penniless.  Wealth redistribution is a seductive thought, but in reality a destructive concept.  An instrument of wealth is jobs that creates more wealth that creates more jobs.