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Showing posts with label Fiscal Policy. Show all posts
Showing posts with label Fiscal Policy. Show all posts

Tuesday, July 26, 2011

Looking towards 2012 and Beyond

Balancing realism with ideology is a tough task for anyone that follows politics religiously. How one wants policy to be shaped is often at odds with what is realistically possible, thus one’s realistic political position is often different from their diehard philosophical views.

As conservative as I am ideologically, I realistically know that there are many people that will not agree with 100% of what I believe. The important thing to me is that the portion that people agree with is what is most important, namely fiscal responsibility (capitalism, balanced budgets, tax/spend policy, etc), individual freedoms, national defense and border security.

The GOP would be smart to have the same strategy as the future goes forward. In 2012, we need a candidate that not only is a conservative and a leader but one that is electable and can beat Barack Obama. Without defeating Obama, it is impossible for the party to repeal Obamacare and look towards getting our country out of debt.

Below I have outlined a couple things I feel the GOP should focus on as it moves towards the future and looks to regain its stronghold with the American electorate.

I) Focus on issues that are important.

This is not to say that issues such as abortion, gay marriage, etc. are not important topics, but more so to say that there are other things more important for the future of this nation. Let me put it this way, on a typical day how much does it affect you if Bob and Jim get married? Not much. However, on a typical day, how much does a crumbled economy and high taxes affect you? Quite a bit.

Social issues are important for instilling traditional values in the generations to come. However, when push comes to shove, the church and the family will always be there to push for these values and ensure the moral stability of future generations. As of now its important to put these things aside and focus on what is urgent and important.

So what is important?

1. Fiscal Responsibility

 This should be priority number one for any candidate seeking office.  In their campaign, a good candidate must stress ending our country’s deficit and putting into place a balanced budget.
As part of this, they should also stress reforming social welfare programs. These programs cost hundreds of billions of dollars each year and are detrimental to both the economy and the general work ethic of our country. Welfare should not be awarded based on how many children you can squeeze out, it should be used to get people back on their feet and working.

Privatization should be stressed in regards to Medicare, Medicaid, and social security, these programs are important to the elderly and it is important that we fulfill the promises that were made to them in their working years. By privatizing these programs, we will be able to use the market to generate the most revenue possible instead of relying on the falling standards of public finance.

In fact, the government should privatize everything that it can. Public jobs lead to unionization and less competition. Without this competition, it is impossible for people to thrive. Why work harder if you are receiving the same benefits either way? In fact, why work hard at all if you are not at risk of being fired? Private companies give their employees a sense of risk and reward, the people that put in the most effort will reap the most and the people that put in the least amount of effort will reap the least. If equality can be found anywhere it is found in the free market.

On this note, it is imperative that Obamacare is repealed. Socializing healthcare is expensive and would be detrimental to this country. Additionally it would inevitably create an even greater reliance on the government for those that are not self-sufficient. Healthcare like everything else in this world is not a right but a privilege, if someone is able to purchase healthcare they should be able to do so without having their taxpayer dollars pay for others to compete with them to receive the same treatment. It also should not be mandated for anyone to purchase a service, including healthcare, against his or her free will, it is unconstitutional (commerce clause) and is morally apprehensible.

2. Individual Freedoms & State’s Rights

A big part of being an American is one’s ability to pursue happiness without government interference. In fact, the Bill of Rights were put into our constitution to ensure that the government could not do away with a set of what they believe to be our most fundamental rights. Unfortunately, through the increased size of the Federal Government and Judicial Activism many of these rights have been limited and other rights that were not enumerated eliminated all together. This must stop.

The perfect 2012 candidate would make this a major platform as well. He or she would emphasize local control and restoring the government to the people. It is much easier for a state to look after the interests of its own constituency than for a bunch of strangers in Washington to do so. People are not stupid and they should be allowed a lot more control over their interests than the Feds would like.

3. National Defense and Border Security

A strong army and secure borders are important to protecting our nation. Dangers ranging from extremist terrorism to old-fashioned country-on-country warfare are always looming in the distance, so to be the best we must also remain the most powerful. At the same time, it is not fiscally responsible to throw our hat into every conflict that arises on the planet. We need to pick and choose our battles more wisely and focus on realistic threats to national security.

With cartel violence increasing everyday along the US- Mexico Border, it is important that we secure our borders to prevent guns and drugs from being smuggled back and forth. If we can cut this off, we can cut them off, which would save thousands of Mexican and American lives each year.

Protecting our borders not only saves lives but also it saves money. Illegal immigrants use billions of taxpayer dollars each year on social welfare, education and medical costs alone. One should not be able to reap the benefits of being a US Citizen unless they are in fact a US Citizen and pay into the system. This goes back to restoring fiscal responsibility, we cannot continue to fund those that are not our own if we can’t pay our own bills as a nation.  

II) Push the Party Towards the Future

If the GOP intends to accomplish its most sincere goals, it is important that as a party they are electable. As Republicans, we cannot continue to market ourselves in the same way we have in the past, we must capture the next generation of voters before they begin to identify with the Democratic Party. Below I have outlined 3 key things that could help make this happen.



1. Revamp Our Image to Capture the Future Voter

The media makes the Democratic Party look like the party of the people, a party that emphasizes with your situation and is looking out for “the average American”. While this is obviously far from the truth, people believe it. To capture the next generation of voters, the Republican Party should do better at playing at its strengths and marketing itself to the general electorate.

We need to make it sexy to be a Republican. Being the “party of capitalism” this should be no problem. What is “sexier” than capitalism?!? It is social Darwinism; one can come from literally nothing and die with all the riches in the world with nothing but hard work and raw talent.

We need to remind people that it is through the free market and hard work that dreams can be fulfilled, not through handouts and government regulations. It is such a simple sell, yet I have rarely seen the Republican Party push this.  Simple rags to riches stories are so inspirational that it makes it almost impossible to resist capitalism; we need to share these stories with the youth so they desire to do something similar and make their own way in life.

2. Capture the Hispanic Vote

If the Republicans are to succeed in the future, it is important that they win back the Hispanic vote from the Democrats. This is definitely possible, because as Ronald Reagan said, “Latinos are Republicans, they just don’t know it yet”.

While many doubt this can be achieved because Hispanics have historically been a voting block for the Democrats, I think it can be. Hispanics agree with Republicans almost completely on social issues, in fact if you were to ask them issue-by-issue I am almost sure they would agree with Republicans 9/10 times. Often they even agree with Republicans on issues involving national defense and personal freedoms.

Where Hispanics tend to have problems with the Republican Party is when it comes to social welfare issues and issues regarding immigration. The social welfare obstacle, while a difficult hurdle, is best overcome through the capitalism strategy I mentioned above. Hispanics are some of the most hardworking men and women in America and if we can get them to see the power of capitalism and the free market, social welfare would largely lose its appeal.

The immigration obstacle is one that needs to be handled more delicately. The Republican Party needs to be very stern towards illegals while emphasizing their support for the Hispanic community at large. In essence, avoid passing legislation that sounds like it directly targets Hispanics while still passing legislation that strengthens our borders and removes obstacles from deporting those here illegally. Tackle these two issues and the Hispanic vote will overwhelmingly vote GOP.

3. Effectively Use New Technology and Media Tools

The radio is a fine tool for mobilizing voters that we already have, however, to capture new voters we must utilize emerging technology and media tools. Social Media, Blogging, Youtube, etc. are all great tools that the GOP has greatly underutilized. If you don’t believe me just look at the 2008 Presidential race, Obama utilized all of these things and it greatly contributed to his ability to mobilize (and whoop McCain). 

Obama currently has over 22 million fans on Facebook, where as “front runner”, Mitt Romney, has barely over a million. Advertising online through these sites is cheap and effective. Candidates need to be active on all the major sites and keep their supporters up to date with Youtube updates. This will make mobilization a lot easier and allows for new comers to see what that voting Republican is all about.

The road towards a large victory in 2012 is a difficult one but is one that is definitely obtainable. To do this, the GOP needs to revamp itself and face the future or it will get left behind. Because Obama has made a lot of mistakes in his first term, a good campaign that focuses on what is important could definitely lead to a change in administration in 2012. Voters can hope for change all they want, but only through free market ideals will it be a change that can truly improve their lives. More government is not the solution, it is the problem. 

Wednesday, July 13, 2011

Eliminating 14 Trillion Dollars of Debt

America is over 14 Trillion dollars in debt. If the US was a person we would be worst off than Nicolas Cage, loosing all his possessions and having to take every small acting role he can get.

Even with this massive debt looming above our heads, the current administration desires to dig ourselves deeper and take out an additional loan of 2.4 Trillion dollars. Their claim is that it is necessary to keep us afloat and keep the country from grinding to a complete halt.

What they fail to realize is that by doing this they are essentially making our currency more and more worthless. When you are in debt, the solution isn't to take out more loans and keep paying the minimum balance. The solution is to cut out all unnecessary spending and find new ways of generating revenue. Both solutions are unpopular, because none of the poor want their welfare check to stop and none of the wealthy want their taxes to be raised.

Because social welfare programs are such an important rhetoric tool for the Democratic party and keeping taxes low a rallying tool for the Republicans, neither is willing to concede on either issue. As opposed as I am to raising taxes, much of it is because those taxes go towards paying for people to live off the government instead of joining the rest of us as productive members of society. It is for this reason that I think the first step towards eliminating our country's debt is to eliminate the majority of these services and limit them to only the most vulnerable members of society (i.e. children without parents, the elderly without family, and those that are mentally handicapped). Able-bodied citizens should not be able to reap these services, especially those that are not here legally.

The next step is to examine the budget of all governmental agencies, there is waste everywhere, even in programs as important as education and the military. Between scrubbing these agencies free of wasteful spending and eliminating the majority of social welfare, the US would spend much less per year, and at least quit adding more debt the deficit.

Next comes the tricky step for fiscal conservatives like myself, increasing revenue. Sure we can quit adding to our debt by spending collective dollars wisely, but we must also get ourselves out of the hole that we are in. This means, finding new ways of raising state dollars, much of which would have to be done through some sort of taxation.

Now Im a big believer in the Laffer Curve and believe that taxation strongly discourages ingenuity. It leaves employers less willing to expand and hire more employees and it makes it less lucrative to take risks and do something great. This being said, I also believe that having a 14 Trillion dollar national deficit makes our country much less competitive and will only continue to cripple us as the marketplace becomes even more globalized.

Tax increases need to be used only sparingly and for good causes. I think most fiscal conservatives would agree that eliminating the US deficit is a good cause and would over time produce a favorable business climate that would compensate for this period of increased taxation.

In addition to these steps, action would also need to be taken at the legislative level to propose both a both a balanced budget amendment to the US Constitution and to establish term limits for every level of office. Politicians too often look out for themselves, instead of looking out for the people they represent. With term limits, politicians are forced to do all they can in one term, without having to worry about campaigning or being reelected. By default, it makes them less crooked and less able to be bought.

I have ignored a lot of factors in drafting this very rudimentary vision of what a solution to the national deficit could be. However, someone needs to stand up and make some radical changes or our economy will collapse. It is better to weather the storm and have a few hard years, then to sign away the future of this country and the future of my generation with it.

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.


Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage." -- Author Unknown