Rarely, (never, actually) do I write back to back blogs on the same subject. Well, rules are made to be broken.
The GOP appears to be making the tax reform bill better and better. Don’t get me wrong; what comes out of conference will still be a bill developed by Republicans looking over their shoulders, always fearing the 1% moniker. The Obama years left us with two legacies that will take time to eradicate. They are:
–deliberately heightened racial tensions, and
–economic warfare.
The first bullet speaks for itself, but in case you need a refresher course, I will give it to you in one word: Ferguson. Next subject please.
The second bullet should also be self explanatory, but I will use more than a word to explain. We are a nation that has always lauded entrepreneurs. Our colonists were capitalists. They were traders. They found ways to survive (and in many cases thrive) in spite of Big Brother (King George) making life more and more difficult for them. Over the centuries we have applauded success. Now, for some heinous and insidious reason, success is mocked. Success is greed. Success now foments social tension, and the cure is, (duh) higher taxes and redistribution!
Any nation of 330,000,000 people is going to have challenges. We have many. But the idea that the solution lies in eliminating income disparity is shamefully (and cynically) laughable. I think Margaret Thatcher explained it best when asked a question by William Buckley. She kept it simple! Click here to see for yourself. Even better (yes, it gets better!) watch Mrs. Thatcher take on the liberals in Parliament on the issue of redistribution. As she said, the left would “rather have the poor be poorer” than to admit conservative economic policies work. Watch her here. Now you have to admit, that is good stuff!
What it demonstrates, however, is that our problems are not new or unique. Progressive leftist redistributionists have been spouting this gibberish for decades. It is as it always has been. There will forever be those who wish to undermine the very foundation of our capitalist structure that has made us the economic superpower we are.
At the risk of repetition, I repeat that which was written last week:
“Time and again over the decades, tax reform has led to increased revenues to the US Treasury. When the environment is right for investment, American companies (big and small) have always spent money, hired people, and generated more tax revenue to Uncle Sam. Our deficit problems have nothing to do with tax reform. They are solely a function of the lack of willpower to come to grips with social spending that is completely out of control!”
It is not rocket science. But as long as we have the demogoguery of the Schumers, Warrens, and Pelosi’s of the left stirring up social unrest, we will always be fighting a rear guard action to help our economy (and our citizens) be uplifted.
Stay Strong, my friends!
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