American Elephants


Electing a President Who Is Not a Member of the Political Class May be a Very Good Thing! by The Elephant's Child

It’s hard to know what the Left really believes. Nancy Pelosi has announced that as soon as Democrats return to power, they will end all this “tax cuts for the rich” nonsense, and raise taxes. If they can just convince everybody that the tax cuts only went to the very rich and CEOs of big corporations, then they will return to power and have more money to spend. Republican tax-cuts are what is called “supply-side economics”. When you free people up, and let them keep more of their own money, then they have the money to start their own businesses, invest and grow the economy. When the economy is growing,business expands and grows and hires. Works every time. Here are some facts:

President Trump is the “Jobs President” after 8 years of Obama’s failure. The unemployment rate is at a record low. It  hit 3.8% in May, a record low. The unemployment rate of Latinos is at an all-time low. African-American unemployment is also at an all-time low.

A record number of Americans are working full-time. Almost 130 million Americans now have full-time jobs. This is six million more than the previous record.

The number of jobs available is at a record high. Job openings are ranging from 6.6 to 6.8 million between March and May —meaning there are as many jobs out there as unemployed Americans. In many cases, employers are waiving their usual requirements to training or retraining workers themselves. Congress is in the process of passing legislation supporting community college and technical training. A good time for preparing students for high paying jobs and avoiding the mountains of debt that many millennials face. When employers have a hard time finding qualified workers, salaries go up.

President Trump is keeping his commitment to the forgotten blue collar worker and to the older workers in middle America. As a result the economy grew at a robust 4.1 percent in the second quarter.

I often mention that the government has no money of its own. By that, I mean that every promise of “free stuff,” or “free college,”or “free health care, or “guaranteed jobs”or “subsidized housing” is not paid for by the government, which has no money of it’s own, but by you, the taxpayer, with, added on, the cost of a new bureau and a new bunch of bureaucrats to administer the new benefits. But that is not the end of it. We cannot expect the new bureau and the new bureaucrats to administer all this stuff from the nation’s capitol. Each of the fifty states will need a new bureau and a new bunch of bureaucrats to actually disperse all these wonderful new benefits, who also require salaries and pensions and benefits. Which means that the states will need new bureaus and bureaucrats. Unfortunately that is not the end of it, because all the extra taxes use up a lot of the money that was going to new businesses and new ideas., and slowly, the economy responds by slowing down, which means more people out of work and needing help, so the cycle repeats.

A while back when the Democrats were promising “free stuff” Nancy Pelosi informed Americans that now, with all these free benefits, people would be free to follow their dreams and paint and write and play music in all their new free time.


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