Such excessive spending has side effects—a jobless recovery, exploding deficits, and anticipated devaluation and inflation. Why? The taxes paid and the debt created takes needed money out of the private sector. The resulting uncertainty in the cost of doing business keeps businesses on the sidelines, afraid to hire or expand. The only thing that is growing is our government.
President Obama’s preoccupation with Washington “fixing” the economy and healthcare is standing in the way of unleashing America’s collective ingenuity and entrepreneurship. America’s strength is its people. The last, best hope of this nation is its people, not our politicians and president. You want a real stimulus? Cut the capital gains taxes, get rid of the death tax, and cut payroll taxes. Give people more control over their own earned money and let small businesses do what they do best—react to their markets and create what customers want…not what government mandates!
There is some hope that more and more Americans are beginning to understand where true hope and change come from. According to USA Today’s optimism survey, what makes Americans optimistic about our country’s long-term future is our belief in the strength and will of our people. That belief outweighs our confidence in President Obama, 35% to 5%. Our belief in the American Dream anchors our culture in true hope and change.
Both Ronald Reagan and Barack Obama came to the Presidency in a time of economic distress on the wings of a message of optimism. One man chose to believe in the American people, limited spending, cut taxes and unleashed the power and potential of American capitalism that helped usher in over twenty years of prosperity and pride. The other came to power promising hope and change, but his optimism was based on a belief in government’s ability to meet the needs of citizens with stimulus packages, bailouts, jobs bills, and cash for clunkers. The result—we face the biggest deficit and debt in history, sustained unemployment and the promise of stagflation looming on the horizon.
Ronald Reagan had no stimulus packages. He gave us his secret in 1992: “I appealed to your best hopes, not your worst fears, to your confidence, rather than your doubts.” President Obama doesn’t understand that America’s strength comes not from politicians but from workers, leaders and private sector entrepreneurs who keep the dream alive. We don’t need another jobs bill or entitlement program; we need a president who still believes in Americans.