Tuesday, September 1, 2015

No Constraints on Economic Engine

Larry Kudlow
As famed economists Larry Kudlow and Steve Moore accurately point out in a recent column, "strategic tax cuts and regulatory relief after the anti-business rule-making assault by President Obama, not trade and immigration barriers, are the solution to America’s competitiveness deficit."

Rather than  penalize, say Ford, for moving a plant out of the US, Trump should aim to create domestic economic policy which makes that decision non-advantageous from profit, tax and regulatory standpoint.

As Reagan said, barriers need to be removed to release the vast economic engine of America and the entrepreneurial spirit of the American citizen for our economy to reach optimal economic efficiency.

Sadly, Obama and most who share his philosophy view America as a global oppressor, and seek to limit our prosperity, which they deem was obtained on the backs of others.  As former Obama advisor Van Jones stated, "give them the wealth."

BAHL & Steve Moore 2010
Kudlow and Stephen Moore believe, as do I, the wealth belongs to those who earned it.  We did build that, with apologies to Obama and his socialist comrade Elizabeth Warren.

Companies need to forecast levels of return on and return of investment that are competitive, and with the onslaught of regulation and taxation, not to mention the attacks on small business, America is hardly open for business.

If your goal is to reduce prosperity, innovation and invention, you have done a good job by introducing these barriers to success.  With many struggling for friction trying to better life for their families, they fall by orchestration to feel a victim to the capitalist system.

But as Ayn Rand pointed out, "They’ve adopted collectivism so fully they can’t even see themselves as individuals, only as members of a group. And by embracing this as an ideal, they’ve become accessories to their own enslavement."

Kudlow and Moore cite immigration as part of the prosperity of America, and that is very true.  Like free trade, immigration should always be sought and welcomed.  But it must be legal immigration, which is not what is going on today.

Many in the GOP establishment appreciate the immigrants, so they can employ them and increase margins on the backs of paying low skilled workers less than legal workers require.  Democrats welcome illegal immigrants with the hope of expanding their voting base.

Both are in direct violation of the principles and laws set forth in the founding of America.

Donald J. Trump
It is noted that trade, tax and immigration are independent from each other, and those illegally immigrating to America should be dealt with as the law trumps, pun intended, any potential economic or social benefit.

Donald Trump, cited in the piece, is attempting to place the issue on the front burner, where belongs before we lose our country.  A country without borders is not a country.

Trump may not have all the right answers to this problem that has escalated like crab grass for 30 years, but his efforts to find solutions to the problem should be welcomed and not criticized.  Those attacking Trump's ideas likely have an agenda that may be negatively impacted if he is successful.

Sounds good to me.  It is the Art of the Deal.


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