Economic Policy Reform : Free Markets & Tax Reform

These proposals are all good to redirect our economy away from the nightmare that has overtaken our country under the dark forces of progressive liberal socialism fostered and forced on all of us by legions of democrats.

For decades, the one and the most crucial part of the democrat ideology is to change the Constitution from being a representation of the people's will to one that reflects the will of the government to control the people.

It's only now that under the direction of Mr Obama the democrats believe they can make this happen and for the most part are succeeding given the explosion of the unemployed, welfare of all kinds and amnesty for millions of illegals, and then throw in ObamaCare designed to corrupt our health care system, little is left to the imagination as to the intentions of the progressive socialists. 

The result of the onslaught of all these enabling programs combined will produce a voter base that will for generations to come demand more government control just for their personal survival. You have to know this is by design, this is not by accident or miscalculation.

If, and only if, we can be awaken to the catastrophic consequences of the abject weakness of political will of so many among us to understand what is happening all around us, in every aspect of our daily lives,  and then do the right thing by voting out those responsible for our country and Constitution being systematically destroyed.

If we fail in this endeavor we will continue to be subjected to the perverse agenda abuses our most precious individual freedoms, and that will strangles our way of life as well as most of the Western free world. If the people don't act, all will be lost.

Can Policy Boost Growth?
Source: John H. Makin, "Can Policy Boost Growth?" American Enterprise Institute, January 7, 2014.
January 10, 2014

The best way to produce long-term economic growth is through tax reform, deregulation and freer trade, says John Makin, a resident scholar at the American Enterprise Institute.

The United States has grown at less than 2 percent of gross domestic product ever since the financial crisis in 2008, with some suggesting that the United States is in a period of persistent stagnation.
Fiscal stimulus produces only short-term growth -- it does not stimulate long-term growth. Instead, the United States is more likely to keep growth at or above the 2 percent historical average by doing the following:

• Reducing policy uncertainty: Research indicates that uncertainty reduction is associated with a higher growth rate of up to 1 percentage point in the United States. Moreover, budget and debt crises should be stopped, as they only increase uncertainty and weaken investment.
• Creating a more neutral tax system: Lower and more uniform rates on a broad tax base would increase growth. While many people recognize this idea, it has not been implemented easily or quickly.
• Creating more free trade: Restrictive, protectionist trade policies only hurt growth, and maintaining and increasing free trade should be encouraged.
• Deregulating: Deregulation reduces policy uncertainty and government intervention leads to misallocation of resources. The U.S. health care and financial sectors have been heavily regulated and those policies need to be reversed.

On the bright side, the United States' pace of growth is better than the growth rate in Europe and Japan, and the United States remains one of the best environments for investment and growth in the world.