Monday, February 10, 2014

U.S. Economic Recovery

Our government and their puppeteers have ruined the U.S. economy, by demonizing and then choking off the harvesting of natural resources and the processing and production of durable goods. Employers have been peppered with counterproductive regulations fostered by the American Communist Party with laws initiated by the Democratic Party.  The Republican Party failed to effectively challenge these regulations enough to mitigate the harmful side-effects of these putrid laws.  Many special interest groups were infiltrated by Communists to become puppets for their purposes.  These groups included labor unions, activist minority groups and environmental groups. We need to clean house.

Prior to the federal government’s involvement in unconstitutional activities, families saw to the needs of their own.  For those without families, churches, charities and individuals handled direct aid to the poor when needed.  Hospitals and schools were largely operated by churches and charities.  Doctors had charity practices and made house calls.  All of that was orchestrated away.  The poison pill that finally ruined health care was the absurd notion that hospitals would be required to treat all patients including those who could not pay.  Prior to this, counties handled all health care for the poor.  Regulations and excessive malpractice costs continue to make health care more expensive with little benefit.  Excessive public education costs have siphoned off local and state taxes from their original purposes.  The price / demand curve for government, education and health care should require that these segments reinvent themselves to lower their cost.   
Bad trade agreements like NAFTA and GATT have resulted in the exodus of manufacturing from the U.S.  Many of these manufacturing plants were located in cities located in rural counties.  This enabled small farming families to find good jobs in town.  When manufacturing was abundant, these areas prospered and were ideal places to raise a family.  Government could lower taxes and reduce unnecessary regulations to allow the return of manufacturing.  Large metro areas should shrink for lack of jobs and high cost of living and that would be a good thing.

Reckless government spending and regulations have eroded our ability to support ourselves.  Family income has fallen by $4000 per year and the imposition of the Obama-care 30 hour week should finish us off.  Federal Reserve money printing will result in a 400% increase in the money supply.  We can pay this off with 10% inflation over the next 40 years.  Unless we can repeal bad law, our downward spiral will continue. This trend needs to be reversed by first cutting all government “stimulus” spending and allowing our economy to find a bottom and then allowing our local economies to stabilize and grow. Investors currently see no future in the U.S. and neither do we.
Drastic changes are needed in how government operates.  Elected officials do not work for voters, they work for whoever gives them money. States may need to change campaign finance laws to restrict campaign contributions to voters for candidates who would appear on their ballots.   

Norb Leahy, Dunwoody GA Tea Party Leader

No comments: