Issue Position: Grow the Economy

Issue Position

[text common to versions pre.05.Sep'12 and 05.Sep'12]

I will fight for lower taxes to keep revenue in the private sector, support expansion of domestic energy sources, and remove obstructions to growth.

Common Sense Principles: Grow the Economy business

It is imperative that we grow the private sector to get us out of this recession. To do this, we must do 3 things. Increase capital investment in business, reduce the cost of operating, and eliminate obstacles to growth.

[v.05.Sep'12]

It is important to first establish that government expenditures of tax revenue (Stimulus) has not worked and will not work if attempted again. The tax revenue is pulled from the private sector and then put back into the private sector. It is merely moving water from one side of the bucket to the other. It has no growth effect. Worse still the tax revenue has historically been pulled from those who are the job creators, leading to recession instead of growth. Government stimulus is transferring of revenue from those who create jobs to those who don't. Zero growth is the best outcome possible.

The fundamental first step to growth is more capital in the private sector. This is effortless for Congress. It requires no expenditures of tax revenue. Simply leave revenue in the private sector through lower taxation. Those at the lower end of the economic spectrum spend this increased revenue in their budgets. The result is more commerce conducted in the private sector. Those in the middle and on the upper end invest in other's businesses or their own. This creates growth and jobs and more commerce in the private sector. The result is increased opportunity and prosperity across the economic spectrum.

Congress can enhance private sector growth through energy policy. More energy is cheaper energy. Less expensive energy lowers production and transportation costs. This leads to lower priced goods. That puts more disposable revenue in ctizens' budgets. That results in more commerce, more growth. This can be done with simple legislation that requires no taxpayer revenue. We must open up more domestic energy sources, such as domestic drilling, hydraulic fracturing to access shale reserves, and approving the Keystone Pipeline. The Green Energy jobs never materialized. It is time to end taxpayer-funded subsidies. Green energy must compete in the private sector, reducing cost in the long run. Congress must stop obstructing the energy sources that work and stop investing the taxpayer's money in energy sources that don't.

With revenue and cheaper energy, the economy will grow. At this point, the federal government merely needs to get out of the way. Federal regulation is necessary to protect workers who are on the job. There must be laws to prosecute and punish those who abuse or defraud, but that is all. When regulation grows beyond that, it begins to become a hindrance on employment and a threat to growth. Furthermore, it interferes with the functioning of the free market. Americans must be free to make their own choices, even bad ones. Regulation that prevents the free will of the American people will always result in economic loss for the working class and the poor because non-competitive monopolies are created.

Washington cannot create jobs. Government jobs only move the same revenue from one place to another. The private sector creates jobs, generates wealth, and grows the economy. As your Congressman, I will fight for lower taxes to keep revenue in the private sector, support expansion of domestic energy sources, and remove obstructions to growth.

[v.pre-05.Sep'12]

Congress has failed to do all three for political reasons. It is time we put the priority on the Nation's people, not Washington insiders.

Increasing capital investment is effortless. Leave revenue in the private sector. No tax increases on anybody. This is simple, except to politicians. Their plan is to take from one citizen and give to another citizen. Other than the obvious Constitutional and ethical problems, it doesn't grow anything. It just moves the same revenue around. Leave revenue in the private sector. You keep the money you earn and you spend it where you choose. That is real stimulus. It works. It grows the economy.

The most effective way Congress can reduce operating costs for business is through energy policy. More energy is cheaper energy. Again this is obvious to all except politicians. It is time to open up more domestic energy sources, such as domestic drilling and the keystone pipeline. The Green Energy jobs never materialized. It is time to end taxpayer-funded subsidies. Green energy must compete on the same playing field as everyone else.

The government has become the biggest obstacle to the Nation's economic growth. Obamacare, as well as other mandates, have already decimated jobs, with the real costs still unpaid. Congress must eliminate obstacles to job creation. Let's use Government regulation to protect workers who are on the job, not to prevent them from working. Let's use Government regulation to lock up corporate criminals, not to obstruct entrepreneurs.

It is time Congress learned what everybody else already knows. Washington cannot create jobs. Government jobs only move the same revenue from one place to another. Great if you are one of the privileged few. The private sector creates jobs, generates wealth, and grows the economy. This is good for everyone.

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