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Obama on Foreign Policy
Obama on the Economy
Political Issues
Election / Obama Polls
Ronald Reagan Quotes
USA Today / Gallup Poll, February 2009, N=1018 adults nationwide |
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Obama Stimulus FailsLatest ArticlesSubpoena in Fast and Furious Case Car Company Builds in Finland After US Loan Government Outsources Contract to Brazil House Votes Against Debt Ceiling Increase Obama's First Campaign Ad Obama in One Word: Incompetent Wins Obama Going Against Jobs Obama and Russia on Defense Younger Voters Dissing Obama Endorsement of Gingrich Obama Granting Amnesty? Eleven More Solyndras Americans Have Rejected the Obama Economy
I am the son of immigrants. My family left a regime that did not encourage the economic freedoms of its citizens. We have to keep the United States the "shining city on a hill" as stated by Reagan. I am part of the Reagan Coalition. Some of the pictures from this site comes from: donkeyhotey |
Share Reagan: Government's View of the Economy12/10/11 "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." - Ronald Reagan TaxesIncome is generated when a product is created or a service is rendered. And those are beneficial to society. Taxing it punishes success. For this reason, government should be as small as possible so that these aspects of society are burdened as little as possible. RegulationsRegulations are also another form of tax albeit a hidden one. Consider a hypothetical regulation. Every business owner is expected to produce a 10-page yearly report on how their business impacts the environment. The time spent on writing the 10 page report is valuable time that could have been spent on improving the business. The money spent hiring a writer to produce the document is money that has to be taken from profits. The money spent hiring lawyers to comply with and understand the myriad of regulations is likely the most burdensome aspect for businesses. Subsidizing FailureWe subsidize failure in so many ways. For example, to earn food stamps you pretty much have to be broke. No money in the bank, no IRA. Nothing. If you have even $5,000 in the bank you would not qualify so it punishes those that save in favor of those that are reckless in how they manage their money. Welfare benefits have only served to foster more children, less desire for employment, etc.. The country needs a Ronald Reagan now more than ever. The opinions herein are not supported by any community or organization. It is just the personal opinions of a blogger. But that is what allows me to be a loose cannon for the truth. I will be updating this site daily with what goes on in the world of politics and the economy.
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