Sunday, June 12, 2011

Supply Side Economics Works

In a bold faced lie, Socialists always claim that Supply Side Economics does not work.  The fact is that Supply Side Economics predicated on lowering taxes and cutting regulations to stimulate economic growth absolutely worked during the Kennedy, Reagan and Bush II Presidencies to create jobs and actually increase tax revenues going to the federal government.   The problem was that Socialists, with Republican compliance, increased government spending far beyond the new tax revenues gained through the economic growth achieved contributing to the National Debt. 

President Reagan restored monies to fund the military that had been hollowed out by Jimmy Carter, which ultimately resulted to the demise of the Soviet Union and the end of the Cold War.   But, as part of the grand bargain to get those monies, Reagan agreed to more social spending demanded by then Socialist Speaker of the House Tip O'Neil.  President George W Bush faced a recession from the Clinton years, which was the result of tax increases and then had to deal with 9/11; but again social spending increased under Bush II as Bush added the prescription drug benefit without cutting other wasteful programs.  

In any case, there can be no doubt that Supply Side Economics, rather than Keynesian Socialist Economics, works to create economic growth and jobs.   This time around Congressman Paul Ryan has proposed not only lower taxes and less regulation, but $6 Trillion in spending cuts over ten years to shrink  federal government spending from about 25% of GDP down to around 18%.   And, Ryan has proposed a plan to SAVE Medicare, that will be completely insolvent by 2024, if action is not taken now.    If the Ryan Plan is enacted, we will see a restoration of economic growth and job creation once again in the private sector,  which is the only way to get our nation back on track.  

Time is running out.   Socialists insist on Trillions in deficit spending that will bankrupt our nation to pay-off their PEEP's on the dole.   Socialists still insist on higher taxes and more regulations, which will retard economic growth and result in high unemployment for years to come along with a lower standard of living for all Americans.   Socialists really don't care if that is the end result because they want more Americans dependent on government as voters supporting them in order to stay in power.    WE THE PEOPLE must stand up and say NO to more Socialist schemes that are destroying our country.  

We must say NO to the Socialists, the environmental wackos, the public employee unions and trial lawyers that are bankrupting our country.   We must sweep all these characters out of power in 2012 and 2014 by electing Conservatives that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real education, energy and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in our nation.   

We must take back our country in 2012 and 2014.   We can do it.  We must do it by sweeping these Socialists out of office to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  Supply Side Economics is the key to our success.  When you hear Socialist say that Supply Side Economics does, just remember that they are LYING.     

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