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    The Economy


    Posts : 14
    Join date : 2011-08-03

    The Economy

    Post by Admin on Wed Aug 03, 2011 7:51 pm

    Unleash Economic Growth

    America has long been a beacon of prosperity throughout the world. The American Dream has been attained by those who were willing to think, work and sacrifice to achieve it. Each dream was different, but each dream was made possible due to the freedoms this country provides.

    The role of the federal government should be to encourage economic growth by ensuring conditions that will allow businesses to thrive, not just survive. That means less legislation, less regulation, lower taxes and business-friendly policies.

    The federal government should not be in the business of picking and choosing industries they support financially. This happens in the form of subsidies, and special tax breaks in which the government “plays favorite” with one industry and in turn, hinders the competitiveness of another. There are some exceptions, but in Washington it has become the rule.

    The federal government also impedes economic growth by interfering in the employer and employee relationship. While labor unions once provided a representative body to lobby for fair wages and safe working conditions for employees, they now principally serve as a political mechanism for the Left. Forced unionization through the dishonestly named “Employee Free Choice Act,” or “card check,” would drive up the costs of goods and services, cause hundreds and thousands of jobs to be lost and ultimately, a more powerful system of liberal fundraising to be maintained.

    Currently, the federal government taxes too much and too often. Meaningful tax reform should be implemented immediately to alleviate that suffocating tax burden placed on businesses and individuals in America. This means across-the-board tax cuts to provide long-term relief, including reducing the capital gains tax, suspending taxes on repatriated profits and permanently eliminating the death tax.
    Source:The OFFICIAL Herman Cain http://hermancain.com

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