We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.

If you think spreading money around by force seems like an odd definition of fairness, you're not alone.

The more control you have over your life, the more responsible you feel for your own success - or failure.

There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.

Happiness isn't found in some finite checklist of goals that we can diligently complete and then coast. It's how we live our lives in the process. That's why the four pillars of happiness are faith, family, community and meaningful work. Those are priorities we have to keep investing in.

The key to happiness is not being rich; it's doing something arduous and creating something of value and then being able to reflect on the fruits of your labor.

Free enterprise is essentially a formula not just for wealth creation, but for life satisfaction.