Issue Position: Economics

Issue Position

Bailouts- As with virtually every interference by government (at whatever level), the bailouts benefited Big Business at the expense of smaller companies, Labor, consumers, and the taxpayer. Roger Gary opposes corporate welfare.

Business- Government should not become "smotherment" by creating unnecessary red tape and bureaucracy. "Smotherment" benefits the huge corporations which can afford the additional expense created by such polices, forcing smaller businesses out of the marketplace. This drives prices up by reducing the competition for our business, and drives wages down by reducing the competition for our labor.

National Debt-The Federal debt is quickly spiraling out of control and the time we have remaining to do something about it is running short. Unlike the Obama and Bush administrations and the Democrats and Republicans in Congress we need to actually start cutting government, balance the budget, and start paying down the national debt and unfunded liabilities. If we keep adding to the debt, eventually the interest alone will overwhelm the Federal budget. That would require one or more of these options: (1) Raising taxes, which would further damage the private sector; (2) Sale of Federal goods or lands [and an attempt to sell a significant amount of land would drive the price lower, negating the effort]; (3) Further borrowing, which would raise interest rates and damage the private sector; or (4) Printing enough currency to cover the shortfall, thus producing absolutely ruinous inflation.

Retirement-Americans should be encouraged to take their hard earned money and place it in deferred tax accounts such as IRA's and 401k plans instead of being forced to pay 6.2% of their money into the failed Social Security administration which is on the verge of collapse.

Taxes-The government must cut waste, fraud, and abuse; more importantly, it must end its activities not sanctioned by the U. S. Constitution. This would allow Congress to immediately begin to lower taxes for all Americans.

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