"Tell us about the American miracle."
It was in 1983 when West German Chancellor Helmut Kohl spoke those words to President Ronald Reagan. They were gathered at the annual G7 economic summit attended by the heads of the leading industrialized nations.
Reagan had succeeded in turning America’s ailing economy into a healthy and thriving one, and the leaders wanted to know how he did it. Reagan’s policies were defeating inflation and unemployment at a time when the rest of the world was still in recession. His key themes in answering them was to talk about how over taxation and burdensome government stifle the economy and individuals, and how economic freedom and limited government unleash the creativity and passion of the individual, allowing them to pursue their dreams and thrive. Reagan preached, and practiced, the old-time gospel of economic freedom.
Today, Americans are stifled by big government, smothered by over-regulation, and taxed to death. Our Founding Fathers who risked everything they had – their fortunes, their families, their lives – to secure freedom for us would not recognize our current economic reality as anything even close to the economic liberty they worked so hard to secure. Yes, we are endowed by our Creator with the right to "life, liberty and the pursuit of happiness". But the government formed to protect those rights now makes it awfully hard for Americans to see economic liberty anywhere and nearly impossible to pursue financial security and the happiness that comes with it.
It’s time to reclaim a bit of that old time religion. It’s time to secure economic liberty by cutting taxes, reducing regulations and shrinking the size of government. We’ve got to free individuals to use our God-given talents and imaginations to build a better life for ourselves and our children or we will eventually lose our liberty altogether.
Get involved in the political process. Maybe you hate politics – but love it or hate it, elected officials rule our economic system, and they are elected through a political process. You can sit it out and get whatever they want to hand you, or you can make your voice heard and work to elect the new Ronald Reagans who will restore the opportunity to determine your economic future.
You simply can't spark an "American miracle" if you put your faith, first and foremost, in government. You have to believe in the individual. You have to trust that free men and women will innovate and strive in ways that aren't possible when big government stands over them, watching and scolding like an unwelcome nanny.