If you are reading this you may have come here from Facebook to see what exactly is on my mind. I try to keep politics off that site since I have friends on both sides of the fence and don't feel it's a good forum to offend them on. I prefer to offend people here instead.
Those of you that know my political view know I sit more in the middle. I don't think there is only a left or a right. In every other aspect of life there are usually more than two choices. Why do we only have two when it comes to one of the most important things in our country? Does every single republican have the same view on abortion, or gay marriage or any number of moral hot topics? I seriously doubt it. So having someone as president that "tows the party line" is a bad idea in my opinion. But that brings up another issue. Why should our government even be deciding some of these things? Isn't the reason our Founding Fathers wanted to break away from the Kings rule because of too much government?
"Government big enough to supply everything you need is big enough to take everything you have...The course of history shows that as a government grows, liberty decreases." - Thomas Jefferson
Now, here is what I think we should base our choices of president on. Economics. Let me explain. I have been working in businesses for years. I have seen profit and loss statements, hired and fired people, watched costs of products go up and down and know what rising taxes and regulations can do to the economy. I used this example to an employee the other day that was preaching the "Make the rich pay their fair share" argument. I presently work for a hardware store that has two locations. The owner works at least 65-70 hours a week. He does a lot of things to cut costs, including fixing his roof and parking lot on his own and plowing his lots when it snows. He is not a rich man, but his business makes him one according to the government. I asked my co-worker what she thought the owner would do if he suddenly had a reduction in taxes and had a lot of cash sitting in the bank. Her reply was that he would probably try to open a third location. I asked what that would do. She said of course that it would create new jobs. YES! The business owners don't stuff their money into mattresses and take it out of the economy, they reinvest it into their companies, expand, spend on new products and the economy grows. Even the very wealthy do this when they have excess "billions" (did my best Dr. Evil finger quotes there) sitting around. If the money is in the bank it funds investments. If they buy frivolous toys like yachts and cars, it pays the salaries of the people that build, sell and fix those things. There are people working at the local marina that benefit when Mr. Bigfatwallet brings a new yacht in.
"Every dollar released from taxation that is spent or invested will help create a new job and a new salary. And these new jobs and new salaries can create other jobs and other salaries and more customers and more growth for an expanding American economy." - John F. Kennedy
I think Kennedy was onto something. He understood basic economics.
“A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new conveniences, education and investment. Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding or improving his business, and as the national income grows, the federal government will ultimately end up with more revenues.”
Now if you are still reading please understand this. I am NOT asking you to vote for Obama or Romney. I am just hoping you have a good understanding of what drives the economy. I think the best choice would be "None Of The Above" like Richard Pryor campaigned in Brewster's Millions.That is not going to happen though. We will end up with one or the other. Just keep in mind that the government does not create jobs. People create jobs. They create them with money. That money gets spent, over and over again. Those dollars generate more and more tax revenue. However there is a delicate balance. (see Laffer Curve)
That's enough from me and I hope I didn't offend anyone too much. Like I said, I don't preach politics, I just know dollars and cents and like everyone I want a little more.
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