Issue Position: The Economy and Jobs

Issue Position

I am a free enterprise advocate who believes that government intervention in business is destructive. Good regulatory policies can be a stabilizing force for our country, but the Federal Government getting into private business flies in the face of our core beliefs. Creative lower tax structures or more specifically tax incentives, will encourage investment and economic growth. Many legislators on both sides of the aisle are under the misassumption that tax breaks alone will spur economic growth. Unfortunately, a vast number of our legislators are lawyers and or career politicians that have never been involved in the day to day business of our economy. They parrot the common assumption of the lower taxes platform and while a low personal and corporate tax rate are absolute necessities, they alone can not get us on the road to a stimulated growth economy.

However, properly constructed Investment Tax Credits will bring the trillions that are currently on the sidelines into the economy, not tax breaks alone. A tax break on non-existent business is obviously ineffective. Certainly raising taxes stifles growth, weakens the economy and increases unemployment, but tax breaks alone will not do it. Our economy works best when individuals decide where and how their money is spent, and businesses have the capital to invest in growth, which helps to decrease unemployment. We can legislate long term tax credits for investors to build and reintroduce legacy free, retuning, or new industries to the US. That type of legislated and guaranteed long term tax credits will also bring in significant foreign investment dollars.

REINDUSTRIFICATION is a new economic term which I have created. It is the process by which we here in America, we can once again begin to manufacture things. In the past, the Free Traders had a concept of a Service Economy without manufacturing, which is seriously flawed. Without some significant policy changes we can not maintain the job growth necessary for a successful economy. There are industries where new investment money can build competitive manufacturing facilities to manufacture products here, with new technologies and without the burden of old commitments and debts (legacy costs) that can be profitable for the US. Car companies like Kia are doing it. Kia Video
Combining these policies with an effective foreign worker program will bring in investment, give Americans higher paying technological jobs and a less expensive foreign labor force for the jobs that Americans don't want to do, which will always be necessary in manufacturing. It is far better for us to have money flowing to and building up neighboring countries than to empower the Chinese who are looking to replace us as the Worlds Super Power.

The Free Trade Nightmare; first and foremost it isn't Free Trade when the trading partner artificially maintains a depreciated or devalued currency to maintain a lower price on their goods. Also, it isn't free trade when the other side has secret government subsidies in particular industries, targeting and destroying specific industries here in the USA. It isn't Free Trade when the other side has unlimited lobby money to get advantageous treaties and trade policies instituted by our less than informed politicians. We all believe in FREE & EQUAL TRADE. Fair competition is healthy. However here in the USA we seem to have too many Free Traitors, if you know what I mean. They sold out our country at a discount, lining their pockets in the meantime.

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