| Jobs, Economic Recovery and Stability |
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JOBS/ECONOMIC RECOVERY AND STABILITY
America needs private sector jobs to drive us out of this recession. Government does not create wealth or jobs; it merely 'redistributes' what others have created and worked so hard to produce. For the private sector to begin to grow and create the jobs we need, the federal government must get out of the way by doing two simple things: - Cut taxes While this may seem simplistic, the reality is that federal government intervention in the free markets (Community Reinvestment Act, Fannie & Freddie, Repealing Glass Steagall, Artificially Suppressed Interest Rates, etc.) has directly led to our current economic crisis. As we have seen in the past, the quickest way to stimulate growth is to put more money in people's pockets, by letting them keep more of what they make. In addition, by reducing regulations and allowing free markets to work, the ingenuity and entrepreneurial spirit of the American People will be unleashed - fostering innovation and leading to broad-based opportunity and real wealth creation. For the federal government to truly reduce taxes and regulations, it must shrink - significantly. In the face of crushing deficits, endless national debt, and the spectre of hyper-inflation, we must act NOW to have any hope of repairing the damage. Almost all of my specific Policy Initiatives that follow are designed to facilitate smaller government so that the private sector can resume leading the way to growth, prosperity and a secure future for our children. |