So Americans must decide – do we want prosperity and opportunity for the long-term, or do we want the short-term yet unsustainable pleasure of politicians satiating our petty jealousies towards “rich people” and dolling-out lots of free goodies? If it’s the former we want, then we’ll have to seriously change some things: freeze income tax rates where they are; cut corporate taxes; raise the Social Security eligibility age to 72 (for, say, American workers age 45 and younger) and allow for private investment of portions one’s withholdings; gut Obamacare and start over; and cut taxes on small businesses and restrictions on small business lending.
And here’s another agenda item: America must begin utilizing its own resources again. While the currencies of Europe, Japan and the U.S. have fallen in to varying levels of disrepute over the past four years, the dollars of Canada, New Zealand, and Australia have remained relatively strong. And these three countries share something else in common as well- they all harvest and export their own natural resources.
Canada exports oil and natural gas. Australia exports iron ore. New Zealand uses its land to produce and export food, wood products and heavy machinery. Americans must decide – do we want to be more prosperous and secure, or do we want to feel like we’re doing something nice for plant and animal life by not using our natural resources?
A radical environmental agenda has co-opted the national dialog to the point that we only talk about drilling and refining when gasoline surpasses four dollars a gallon. And as for manufacturing and farming – plenty of us blindly accept the notion that these endeavors do nothing but rape and pillage the earth and consume “too much” energy (if you don’t believe this, ask a farmer in California). It’s time to utilize our resources and unshackle our farmers and manufacturers – and to do this we have to demand change with our government.
And agenda item number three: Americans must respect private enterprise as the necessary engine of our sustenance, instead of allowing it to be co-opted for political agendas. President Obama’s “renewable energy” agenda sounds noble and makes people feel good. But after running up untold billions of dollars in debt with the financing of “green energy” companies (over 80% of which were headed-up by Obama campaign donors), there has been no such energy produced and a majority of these companies have already lapsed into bankruptcy. What masquerades as the “green energy industry” is nothing more than debt for future generations spent financing the President’s environmental politics of today.
A similar phenomenon took hold last decade. Despite President Bush’s attempts to slow things down, both Republican and Democrat leadership in the Congress enabled the cheap credit, lax lending, and “affordable housing” policies that supposedly drove “home ownership” to an all time high (it’s hard to say no when “everybody gets a house”). It made the politicians popular in the short-run, but it drove us to the brink when the bubble burst. Government co-opted the real estate and lending industries, and it failed us in painful ways.
We are not helpless victims of politicians. But will we demand better?
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.