The Right Wing

Since the 1900’s, the United States has been home to nearly every major revolution in the world. The assembly line, television, computers, the internet, cell phones, the list just goes on. However if Barack Obama is elected I promise you the next big idea will be part of another country’s economy, most likely China. Barack Obama wants to enact a windfalls profit tax to “punish” big corporations for being successful. What he isn’t telling you is that the inventor of the next great idea, whatever it is, will really be punished. Most of the money he/she would make is going to go right back to the government. So let me ask you a question, if you had the next great idea that’s going to revolutionize the world, would you start up your company in the US? You could go to countries like New Zealand or Singapore where they would be thrilled to have your idea and wouldn’t punish you for it either. This would be no different than the rise of socialism in Europe which stagnated their economy. During the 60’s most of Europe skewed toward socialism and as a result many of their biggest investors moved their assets to the United States. If the United States skews towards socialism (and it already has started to) these investors will move their money elsewhere, stalling our economy. Barack Obama would have you believe that the economy will be strongest if we get the lower income families to have more spending power. Obviously this couldn’t be further from the truth, how many lower income families are going to start a business? How many are going to invest their money in a risky start up corporation? How many are just going to spend it on food, health care, and personal items. That sort of spending does nothing for our economy. If we want our economy to be strong again we need the wealthy to invest in businesses so that next big idea can be American. Ronald Reagan cut taxes on the rich, and the economy skyrocketed, and the government’s revenue actually increased too. We all must remember the 80/20 rule as it is a fundamental law of all business operations and the IRS too. 80% of the governments revenue is payed by 20% of the people, more than half is payed by the top 1% of earners. So you can imagine what would happen if that top 1% left our country, where would the money come from if we had to fight a war or fight an epidemic? Well Barack Obama, I’m waiting for your answer.