You Have a Clear Choice
I will never vote to increase the debt limit or for deficit spending. Pledging not to raise taxes is woefully inadequate when tax freedom day for Coloradans (the day when you finished working for all levels of government) was 12 April in 2009. Stated another way, the average taxpayer in Colorado spent 28% of their life in 2009 working for the government! I pledge to work aggressively to lower your taxes. I will work to eliminate government regulation of private industry while also ensuring the sanctity and strength of our legal system for intellectual and real property rights and contractual laws. I will work towards a restoration of the Constitution’s interstate commerce clause to its original intent – prohibiting barriers to or preferential treatment in interstate commerce.
The incumbent says that Congress must raise taxes and inflate the money supply. He voted to increase spending at virtually every opportunity, starting with the Stimulus bill which he lauded. The incumbent has voted for increased regulation and higher taxes indirectly via deficit spending and directly (the health care bill alone contains multiple new or increased taxes). The incumbent voted for Cap and Trade, which will greatly increase taxes, reduce energy production, bring big government into your home to dictate what light bulbs, toilets, furnaces, etc. you can use and to redistribute your wealth through taxes and subsidies. Regardless of what he says, the incumbent does not believe in capitalism. Actions are stronger than words and the incumbent’s actions show he promotes government interference in markets. The incumbent wants to rule; he wants to make economic decisions for you; dictate how you spend your time and what you can do with your property.
The only economic system compatible with freedom is laissez-faire capitalism. If you are free, you have the right to negotiate a wage and working conditions with an employer (or employee). You have the right to accept, reject or terminate a job or, as an employer, the right to employ or continue the employment of an employee for any reason you choose. As an employer, it is your job to offer or take away. As an employee, it is your life and your choice how you spend any and every second of it.
As a consumer, you have the right to patronize any establishment and any company you choose. You may not be forced to purchase any product or service. As a provider of a product or service, you have the right to choose with whom you wish to do business. If you are a free person, you have the right to associate, or not, with anyone of your choosing. That freedom applies in all contexts – social and commercial.
Rush Limbaugh was famously pilloried by some and celebrated by others for saying he hoped that Obama would fail. Although Rush explained that a hope for Obama’s success meant hoping that government takeover of businesses and big government expansion would succeed, he still got it wrong.
Economic growth and vitality requires freedom, freedom to take risks, freedom to operate your business in the manner you think best, the freedom to succeed and the freedom to fail. The human mind does not work under compulsion. Inventors cannot be forced to innovate. Workers cannot be forced to willingly be more productive. Government intervention in the economy is the intervention of force. The force to take from one group and give to another. The force to drive up the cost of doing business by increasing taxes and regulations. Rush was wrong because he inverted cause and effect. Because our government’s current economic policies restrict freedoms while increasing costs via regulatory burdens and higher taxes, only one outcome is possible – economic failure. As an active supporter of government intervention in the economy, the incumbent is working towards economic destruction.
Since the incumbent believes the government must inflate the money supply, he is automatically a supporter of The Federal Reserve. But, all citizens should be opponents of the Federal Reserve. More than 95% of the value of the dollar has been destroyed via inflation since the Federal Reserve was created in 1913,http://mykindred.com/cloud/TX/Documents/dollar/. In comparison, when the U.S. was on the gold standard between the end of the Civil War and the turn of the century, the value of the dollar increased slightly – prices of goods declined slightly each year.
The incumbent also supports increased taxes to feed the increased spending of government. In the 19th century, total government spending (federal, state and local) averaged less than 3.5% of GDP. Total government spending in 2009 will be approximately 45% of GDP,http://www.usgovernmentspending.com/us_20th_century_chart.html. The U.S. economy is being crushed by a mountain of government spending and a tsunami of regulations that will choke and drive down the economy.
Today, our federal debt exceeds $12 Trillion while our total unfunded liabilities exceed $100 Trillion!, When the total federal debt is allocated equally to all taxpayers, our individual liability exceeds $350,000 per legal resident! Now you understand why the incumbent, by working for big, corrupt government, wants to destroy your savings by inflating the money supply. Instead of destroying savings and jobs, the government should be freeing the economy and putting big government on a drastic and overdue diet.