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Sunday, May 22, 2005

On the Economy

Manufacturing is the way to grow the economy. For instance, when a business takes fifty dollars worth of raw materials and makes a five hundred dollar radio.

A service economy, like what the U.S. has been moving toward for the last twenty years, cannot grow the economy. The service sector shifts already existing wealth. That is all.

Major political parties are destroying the ability of entrepreneurs to manufacture goods in the United States and other First-World countries. High taxes, regulations, and so-called "free trade" are destroying our economy.

What can you do about it? Well, what do you think? Buy goods made in the U.S. or whatever country you are from and support politicians who will support small business.

This means that you cannot vote for nearly any Democrat and only about thirty percent of the Republicans. Why? you ask. First of all, when is the last time you heard a Democrat call for lower taxes and less regulation of business? Never in my lifetime. Secondly, very few Republicans will demand that we reduce our levels of taxation and regulation so that we can compete with the Third-World. The GOP seem all too willing the throw the U.S. into direct competition with a country like China. How can we possibly compete with a country that encourages economic growth while we here in the land of the free have to try to work with a 16,000 page tax code and an alphabet soup of government agencies shoved up our ass?

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