Sunday, March 15, 2015

Government, Economics and America's World Role Part 1

If you are like me and most other Americans, would you not like to see the size of government reduced by anyone who sits in the Oval Office? Would it not be nice if a president, their administration, and Congress would place top priority on understanding that ‘they work for the people’ not the people work for them? Would it not be nice to have a president that puts constraints on the nation’s financial plan to control the size of government and have a balanced budget and reduce the debt? Think how beneficial it would be if we had a president who understood capitalism and business ventures. Why, one may ask, is it important for a president and his administration to understand how capitalism and business impact economic growth? We have the highest corporate tax rates in the world. And then we criticize companies for doing work overseas, People do not go into business to support the government. People go into business to make money. So, in order to do that, do we not have to create an environment that’s conducive to economic growth? More important, is that being achieved by the present administration? Let us hope it will become a priority for future administrations for the sake of future generations. If I, who admittedly am not an economist, can plainly see the financial implications of a rogue economic policy, why cannot the present administration and Congress not see it?


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