The rhetoric of the Left during the President Reagan years is back. Today the Left fills the news airwaves with new, “Talking Points”. During the Reaganomics years, the primary talking points of the Left used the term, “trickle down economics.” Of course, the Left was wrong, because Reaganomics gave us great economic growth and stability through the President Clinton years. Now, the new slogans used include the terms, “No more trickledown economics, but Middle Out economics.” This is supposed to refer to economics that originate with the middle class and moving out into the marketplace benefiting everyone.
You really do not need an economic degree to see that does not work. The Left whines about billionaires and millionaires getting the tax breaks from what conservatives propose. What they fail to mention, is that the group of people conservatives want to protect and empower are the Small Business people, and the Self-Employed. These two groups of business people are responsible for a large majority of the business world in America. These are also the group affected the most with tax increases, regulations, and OBAMACARE. The Top 1% of income earners has the least amount of effect on the economy, and yet pays a large sum of the taxes collected every year.
The Left’s professional pundits and “Pot Stirrers” want their voting base to concentrate on anyone that generates wealth. According to them, such people are evil and want to keep the poor oppressed. However, their argument fails with the Independents who are the swing vote. They know that such an argument is ridicules and not worth a second thought. That begs the question, why do they keep up the same old attack, arguments and talking points? I believe they only want to “Stir the Pot” of their voter base hoping they will be motivated to get out and vote on Election Day.
The reality of the Free Market Economy is simple. Let the market drive itself, get out the way with overt regulations, and allow the market to correct itself and weed out the greedy, the Swindler, and the fraud. More people are hired, creating more taxpayers, producing more revenue into the Federal and State coffers. That enables American business to do what they do best, and the economy takes care of itself. Creating government jobs and “stimulating” the economy has never had long-term effects.
The Left has a serious problem ever admitting they are wrong and have made bad decisions. They have equally hard time admitting that any of their plans have failed and caused great national harm. For example; The Left will never admit that their strangle hold on American business has been the reason American business, especially manufacturing, has been moved to other countries. Any of these business people will tell you that staying here would have meant bankruptcy and the business closure. It is not because of greed, it is because of survival. In reality, the Left is directly responsible for driving American jobs away and into the economies of other countries. Remember the definition of insanity?
The faster we get these socialist loving people out of our government the sooner our country can recover, if it’s not too late.