Listening
to the President the other day talking about our economy and his ideas of the
budget and comparing it to the Paul Ryan budget proposal, it seems evident
there are two different philosophies at play regarding how a budget should be
formulated and implemented.
The Administration makes no mistake about clearly wanting to drive the US economy into a European-style socialist welfare state. Redistribution and equalization of wealth by taxing more and more of the "wealthy" wage earners, business owners and corporations will drive the government to grow at exponential rates, while at the same time stifle the growth of the private sector of business . As the rate of government grows at greater speeds it will take more agencies to be created with more policies and regulations to implement more and more programs. The case in point is what we are experiencing right now on the eve of the health care services known as Obamacare. The outcome of that venture will surely lead to a single point of service for health delivery that will be overseen by the government.
The Paul Ryan budget proposal by contrast, is based on the reduction of the huge debt looming over our collective heads projecting well into the next two generations. The Ryan budget significantly pays down that debt over the next ten years as well as deliver a balanced budget to actually reduce the spending. It is based on pro-growth, market-style free enterprise practices with a fairness in the taxing revisions leading to lower taxes for everyone and with the more wealthy Americans paying a higher rate. It also proposes about a three and one-half growth during the ten-year period. The Ryan proposal also presupposes the appeal of the Obamacare plan.
The question I have is what makes the European-style socialist welfare system so attractive that so many of the more liberal Americans and the Administration wants to move in that direction? When the world media allows a glimpse into the inner workings of the countries like Spain and Greece, we have seen nothing as positive as the American free enterprise system. In fact, we are witnessing the destruction of those economies; they are going bankrupt, credit ratings falling, value of the monetary systems plummeting, joblessness increasing, the ranks of the poor increasing and people even rioting in the streets due to the austerity measures that must be taken because these governments have run out of money.
Would someone who really knows the details of the economy systems explain why the President wants to fundamentally change the free market system of growth practiced in the United States since the beginning in favor of the European model?
Jim Killebrew
The Administration makes no mistake about clearly wanting to drive the US economy into a European-style socialist welfare state. Redistribution and equalization of wealth by taxing more and more of the "wealthy" wage earners, business owners and corporations will drive the government to grow at exponential rates, while at the same time stifle the growth of the private sector of business . As the rate of government grows at greater speeds it will take more agencies to be created with more policies and regulations to implement more and more programs. The case in point is what we are experiencing right now on the eve of the health care services known as Obamacare. The outcome of that venture will surely lead to a single point of service for health delivery that will be overseen by the government.
The Paul Ryan budget proposal by contrast, is based on the reduction of the huge debt looming over our collective heads projecting well into the next two generations. The Ryan budget significantly pays down that debt over the next ten years as well as deliver a balanced budget to actually reduce the spending. It is based on pro-growth, market-style free enterprise practices with a fairness in the taxing revisions leading to lower taxes for everyone and with the more wealthy Americans paying a higher rate. It also proposes about a three and one-half growth during the ten-year period. The Ryan proposal also presupposes the appeal of the Obamacare plan.
The question I have is what makes the European-style socialist welfare system so attractive that so many of the more liberal Americans and the Administration wants to move in that direction? When the world media allows a glimpse into the inner workings of the countries like Spain and Greece, we have seen nothing as positive as the American free enterprise system. In fact, we are witnessing the destruction of those economies; they are going bankrupt, credit ratings falling, value of the monetary systems plummeting, joblessness increasing, the ranks of the poor increasing and people even rioting in the streets due to the austerity measures that must be taken because these governments have run out of money.
Would someone who really knows the details of the economy systems explain why the President wants to fundamentally change the free market system of growth practiced in the United States since the beginning in favor of the European model?
Jim Killebrew
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