Economy
Economy Issues
First, I would like to thank President Donald Trump for all the hard work he has done addressing many of these issues. He has taken the brakes off the economy, and the Free Market started humming along just fine. It grew at an astounding rate before the COVID-19 Pandemic, and after. Now, we are about to take a 180 right back to where we started.
The American Economy is in trouble. Too many people are out of work because of the tax and spend policies of the current Administration and Congress. We need to immediately begin replacing ALL MEMBERS OF CONGRESS coming for re-election if we are to have any hope to PRESERVE OUR LIBERTY AND OUR UNION.
FISCAL RESPONSIBILITY NEEDED NOW
Currently, there is a Governmental Takeover of Private Enterprise underway. This will promote the end of the FREE MARKET. President Bush, in his final days, has handed the first steps toward COMMUNISM to President Obama. President Biden shall continue the policies of President Obama, with his TAX AND SPEND Policies. Irregardless of the motives, this ABANDONMENT OF THE FREE MARKET must not be allowed to take hold.
Steps must immediately be taken to PROMOTE THE FREE MARKET and RETURN AMERICAN BUSINESS TO AMERICA. Asking Mexico and Canada to annex us is not the answer. The United Nations is not the answer. Tax and Spend Policies is not the answer. The only answer is to let the FREE MARKET WORK.
TAX REFORM NEEDED NOW
Tax Reform is needed now to promote the Sanctity of the United States of America. Under the current system, we need to reform the tax code to make the top tax rate to be no more than 10% of gross reciepts.
However, the current tax code is a punishment to success. It discourages investment, effort and creativity. A new tax system needs to be enacted to replace the progressive tax code. Of all the proposals I have seen so far, the FAIR TAX seems to be the most promising.
DRILL HERE, DRILL NOW
GOD, Himself, has given us a rich, and vast expanse of land. Oil, Coal, and Natual Gas is plentiful and there is no reason, except economically, to be procuring these resources offshore.
We must deregulate the Resources Industry to make it profitable for business to exploit our own resources in order to maintain our INDEPENDANCE.
RETURN THE BANKING INDUSTRY TO THE PEOPLE
According to the Constitution of the United States of America, under Article I, Section 8, spells out the Responsibilities of Congress to PROMOTE THE ECONOMY OF THE UNITED STATES OF AMERICA. Congress has advocated this responsibility to the FEDERAL RESERVE.
Congress must again assume their legal role in the PROMOTION OF THE ECONOMY and either set SOUND RULES regarding the Federal Reserve, or eliminate it altogether. I propose, Congress to elect the board members, according to Article I, Section 1, of the Constitution of the United States on an annual basis, and compel these members to report monthly to Congress the status of the Economy, with plans and solutions.
Mr. McConnell, with his $30+ million campaign fund, does very little in representing his constituancy. He represents the special interests which have the money to donate to his campaign fund. He has been in the Senate for a long time, and is part of the problem.
PAY OFF THE NATIONAL DEBT, NOW
Our National Debt has become unsustainable. Our Debt Service is fast taking over our Gross Domestic Product Value and therefore, the United States of America is technically BANKRUPT.
What I propose is to amend the Constitution of the United States of America which includes the following:
"In Order to form a more Prosperous Union, and upon ratification of the Several States according to the Constitution...the Government shall not spend any more than the taxes collected within the previous twelve months of consideration of any budget...The principal of all National Debt shall be paid by the first fifty percent of the income of the budget...At no time, except in a time of war, shall any further debt be incurred...Congress shall recieve no increases in compensation while there is outstanding debt..."