Our nation has arrived at the fork in the road and we have lost our way toward the American Dream. The November 2012 election is coming very soon and we as a country have serious choices to consider: 1) Continue on our current path of high unemployment, massively high debt and out of control spending or 2) Change course to a different direction with positive results.
The economy is in a total chaotic mess because of the liberal socialist policies of the Democrats and they still don't get it!!! Raising taxes and out of control spending in a bad economy is a horrible idea that will ruin the economy!!! The best example is Obamacare, which is the largest TAX INCREASE on the middle class; this bad legislation will further ruin the chances for job creation.
Currently, the national unemployment rate is at 7.8 percent and about 8.1 percent here in Massachusetts. The administrations of President Obama and Gov. Patrick have continued to tell the voters that the economy is improving. However, this is a fallacy because even though the unemployment rate may have fallen, the numbers that you don't see—the U6 unemployment numbers—tell a vastly different story. The reality is the true unemployment rate is closer to 16 percent and the reason for this atrocious rate is that people have given up looking for work because of the lack of good-paying private sector jobs.
According to the supply side economics theory, tax increases prevent people from keeping more of what they earn and prevents a person from spending on goods and services, which in turn reduces revenue for the producers of those goods. Guess what happens next ... those producers are forced to cut jobs and force people out of work and as a result, the tax base is reduced, which means less revenue for cities, towns, state and our U.S. Government.
Taxing business is not the answer; neither is taxing the rich, middle class and working poor. The answer is not overregulation that hurts job creation or over-spending. The solution is to reduce taxes for individual taxpayers across the board, reduce corporate taxes and reduce job-killing regulations that are hurting the chances for businesses to provide real private sector job growth and good paying jobs or careers. The other part of the solution is to control government spending.
What actions can you take to achieve the American Dream? Elect people who understand how our economy works and understand how to achieve the American Dream of low unemployment, low debt and more money in your pockets.
The American Dream starts by electing people who are fiscally responsible, such as Mitt Romney and Paul Ryan for president and vice president, Scott Brown for U.S. Senate and Sean Bielat for Congress. And it continues by electing people such as Richard Ross and Jeff Bailey for state Senate as well as George Ross, Betty Poirier, Jay Barrows, Steve Howitt, Daniel Winslow, Kieko Orrall and Shaunna O'Connell for state representative.
Please join me in going to the polls and voting for fiscally responsible people. The road back to the American Dream starts on Tuesday, Nov. 6, 2012.