Wow!
Someone gets it, and it is a member of the Journal's editorial review board. Not that I have anything but respect for the Journal's editorial review board, but I would not have thought they would so daringly call the democrats out and, even more pointedly, call John Edwards out for the backwards understanding of tax policy that they hold in regards to the new global economy.
One upfront declaration. I am not completely cold hearted, I think that the people that John Edwards wants to help with his programs are very deserving of a helping hand......I just think he is backwards in his belief of how to pay for that assistance, and for that matter his belief that the government should help and not the private sector. Currently, that belief can also be extended to most of the Democratic party as well and almost depressingly can be extended to many republicans.
A lot of politicians have forgotten either the ideas that got them into office, the problems with the previous congressman that gave them an advantage in the election in the first place, or their economics 101 classes.
In Mr. Moores, Reaganomics 2.0 op-ed he points out what the rest of the world is doing with their tax code, and explains how the current Congress is trying to take America in almost the completely opposite direction. Yes, not only have we forgotten how to cut taxes, but we have forgotten why we should and the global advantage that it gives America.
We can now call Reaganomics dead. (Don't fret reaganers we have 2.0 it just isn't in America yet)
As Communists around America rejoice, they should also think about the loss of revenue over the long run that this will cause. With other countries around the world cutting capital gains tax rates, corporate tax rates, and simplifying their tax codes America is going to lose.
So, thank you Mr. Moore.......it was time that somebody talked about what is going on across the big pond. They are now leading the economic charge. We now need to step up to the plate and show the rest of the world the power of Reaganomics 2.0 when used America. Or, we could just sit on our haunches and watch the rest of the world pass us by.
For more information about candidate beliefs visit my website Political Bear.
Subscribe to:
Post Comments (Atom)
1 comment:
I personally know Steve Moore and can attest that he does get it because he has been taught well via Dr. Arthur Laffer. Dr. Laffer is like a second father to me and I've had the privilege of being mentored by him for years. I'm glad I stumbled upon your blog because not many people understand truth, beauty and the American way.
Post a Comment