Monday, November 1, 2010

The Nov. 2nd Election: Socialism vs. Economic Growth

The upcoming election on 11/2/2010 presents the American people with an opportunity to decide whether they want to regain control over their own lives, or if the Liberal/Progressive/Democrat leadership in Washington DC will continue to expand government, expand control over American's lives, and try to control all wealth in the United States.  Barack Obama and others dislike the word "socialism" perhaps because it accurately describes their agenda.  In many respects, this election is a referendum for Americans to decide whether they, rather than government, will run their lives.

In the Liberal/Progressive/Democrat worldview, government is the solution to all problems, real and perceived.  The private sector is viewed with suspicion and tolerated as a source of taxes and campaign contributions.  The fact that the private sector is the primary source of jobs, creates wealth, and delivers important innovations is completely missed by this worldview and its political agenda.  As a result, the Democrat economic policy for the past two years has been to inject repeated doses of economic steroids:
  • Spend and print trillions of dollars.
  • Debase the value of the dollar relative to gold and other currencies.
  • Avoid any accountability for the ensuing problems.
  • Increase government regulation and control over the economy and Americans' lives.

Just now, the Liberal/Progressive/Democrat leadership is wondering, "Why isn't the economy growing?  After all the money we printed and spent, why aren't businesses investing, growing, and hiring people?"  After all, they tried every trick in the Keynesian stimulus book.  The short answer is this leadership has no understanding and no direct experience with the private sector.  They have no idea what drives private sector businesses to invest, grow, and hire people and what actually works to get the economy growing.

As you consider the candidates for whom you will vote on November 2, 2010, identify whether a particular candidate supports the socialist agenda or Americans running their own lives.  If a candidate supports economic steroids or raising taxes in any way, they basically support the Liberal/Progressive/Democrat/Socialist agenda.  Candidates who talk about cutting government taxes, spending, and regulation support Americans running their own lives.