Who Is Killing the American Dream— and How Are They Doing It?

Who Is Killing the American Dream— and How Are They Doing It? by The Elephant's Child

September 28, 2016, 10:39 pm
Filed under: Bureaucracy, Capitalism, Domestic Policy, Economics, Economy, Energy, Law, Politics, Progressives, Regulation, Taxes, The United States, Unemployment | Tags: A Growing Healthy Economy, Killing the American Dream, Setting the American People Free

Some viewers of Monday night’s debate found Hillary more practiced at debating, and assumed that made her more “presidential.”  Yet the policies she proposes are exactly what is killing the American Dream.

The stagnant wages, the rising crime rate, killing coal-fired power plants, stifling and excessive regulations that hamstring business, promising non-existent jobs in “infrastructure” and “installing solar panels,” increasing taxes by trillions of dollars, and increasing the national debt will not create jobs or growth.

Government spending trillions of tax dollars extracted from the economy certainly does not create jobs or grow the economy. Hillary actually told us that it was tax cuts that caused the financial crisis of 2008 and that Trump’s proposed tax cuts would cause the loss of 3.5 million jobs, and cause another recession. If you believe that flapdoodle, head for your nearest Public Library and ask for a good book on basic economics.

When you cut tax rates, you create incentives to create jobs and expand businesses. This has been proved by John F. Kennedy, and by Ronald Reagan who created a 20 year expansion. It puts to shame President Obama’s worst economic recovery since the Great Depression— something Hillary wants to expand upon.

1 Comment

1 Comment so far
Leave a comment

RSS feed for comments on this post. TrackBack URI