While I listened to my state’s governor pronounce his stay-at-home order on March 20, 2020 I felt like an unruly kid being punished. We were warned about social distancing. More people are sick. We have to restrict our freedom and close the remaining, non-essential businesses that are still open.
The economy category has posts on federal spending, debt and deficit, labor laws and policies, the battle between socialism and free market capitalism, and the tenuous relationship between the government, taxpayers, and the businesses that keep Americans employed.
Booming economy is a bad thing?
Our economy is booming, but if you ask Democrats they will tell you that despite 4% unemployment the economy isn’t working for middle America.
That means it needs to be fixed so it only works for left wing politicians.
Midterms chart bad economic future
The 2018 midterms started the House on a mission to prevent our economy from flourishing. A new push to socialize America is gaining strength and shows just how little prominent voices have learned from the catastrophic mistakes made by other countries.
The problem is that the U.S. economy isn’t about economics or numbers. It’s about the fundamental struggle between right and left, between free market capitalism and socialism’s give-away, free for all society.
Left wing economic lunacy
Economics should be all about the numbers, but when politics gets involved the numbers are the least of our worries. Have a look at New York Congresswoman Ocasio-Cortez’s ridiculous Green New Deal and then ask yourself how 67 Democrats who back the plan can be so reckless and uninformed as to think that this kind of left wing lunacy is a good idea.
Thanks to Senator Elizabeth Warren we have another good reason to fear what’s happening in our government. As the Democratic Party accepts a growing number of radicals calling for us to strip America’s wealthiest class so the proceeds can be traded for vote-worthy causes, we have to wonder just how far discriminating against the rich will go if Democrats continue to grow in power.
The Congressional Budget Office sent a bipartisan gift to Capitol Hill with its report on the dollars and cents cost of the partial shutdown. Lawmakers can’t resist the opportunity to seize on anything with a high cost to taxpayers if they don’t support whatever caused the loss.
Long ago Chief Justice John Marshall warned that taxes have the power to destroy. They can stifle growth, but taxes are even more destructive when we turn them into a moral imperative. The truth is that generosity isn’t a virtue from either side of the tax equation.
Update, November 2, 2017: we see the plan
Today we got our first real look at the GOP tax proposal. The rumors were wrong. Republicans made a wise decision and spared tax-free 401(k) contributions. Not so lucky were the state and local tax deductions.