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Economy

The GOP: The Party of Fiscal Conservatives?

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The GOP, led by President Trump, recently passed the most massive tax reform bill in decades. One of the biggest pieces of that bill dropped the corporate tax rate down to 21% from 35%, which had previously given the United States the largest corporate tax in the industrialized world. So cutting this tax and cutting individual taxes was a job well done for fiscal responsibility. It was a CRITICAL first step, but it was only a first step.

The second step was to cut the bloated federal budget. Last night’s budget deal not only failed to do this but in fact increased spending to the deficit levels of the Obama and Bush eras. Liberals claim this is due to the tax cuts, but Senator Rand Paul demonstrated clearly that this has to do entirely with the expensive high Congress gets from spending taxpayer money as well as placing an unconscionable burden on our children.

Republicans made a big to do about deficits and the debt while Barack Obama’s was in power, even coming up with the sequester during the latter half of the Obama Presidency. However, now that they control both houses of Congress and with Trump in the White House, they suddenly have no inclination to cut spending.

“When the Democrats are in power, Republicans appear to be the conservative party, But when Republicans are in power, it seems there is no conservative party. The hypocrisy hangs in the air and chokes anyone with a sense of decency or intellectual honesty,” said Senator Rand Paul (R-KY) who attempted to block the bill last night.

Others in the party also demonstrated their displeasure at the lack of leadership by the GOP on this issue. Missouri Senate Candidate Austin Petersen’s campaign released this statement:

“The spending deal approved late last night, and supported by both Missouri Senators McCaskill and Blunt, was an absolute travesty. The American people are already $20 trillion in debt, and the deficit for the current fiscal year is estimated to be an additional $1 trillion. This is just plain nuts! And it’s a great example of why Austin is in this Senate race: because like many Missourians, he’s sick and tired of sending politicians to Washington who, break their promises. The truth is we don’t just need another Republican elected to the United States Senate — we need a true constitutional and FISCAL conservative — someone who’s going to stick to their guns, stick to their principles, and most importantly, keep their promises. “

Konstantinos Roditis, Republican candidate for California State Controller said, “Hope of a budget with a modicum of fiscal responsibility from D.C. is laughable. The likelihood a fiscally responsible budget will see the light of day in D.C. is as likely as Trump winning California in a landslide in 2020. Here is a perfect example why I say, I’m a Conservative that happens to be a Republican, instead of a Republican that happens to be a Conservative.”

California GOP Senator candidate Erin Cruz had this to say… Those in the House and Senate work for the American people and should put forth a fiscally responsible budget, one which does not put an undue burden on the taxpayer and future generations. Heavy cuts should be made in the area of foreign aid, as well as pet deals congressional members tuck into these bills known as pork. The taxpayer is the boss and they want big change in government, namely reduction in size and scope of government as well as cuts to unnecessary spending. The budget passed is not reflective of what the American people voted into office. Actual change is coming, patriots like myself are standing up to the call to serve the people, there will be a big turn in how D.C. operates. Americans live by budgets and within their means, Congress should as well. Midterms can’t come soon enough for all Americans. Americans must push for a high turn out at the polls this year.

A disappointment for many conservatives is that standard-bearer Ted Cruz (R-TX) “reluctantly” voted for the spending bill, giving away any credibility he might have in the future on this issue. It should be noted that Cruz has filibustered spending in the past, famously reading to his children from the Senate floor.

In stark contrast, there was no surprise that the other Texas Senator, John Cornyn, was vocal about his annoyance with Rand Paul’s efforts to derail the budget process, saying this was an “emergency” while failing to make mention Congress hasn’t had a non-emergency spending effort in years.

It would be easy for some to lay the blame for all this on the self-proclaimed “king of debt,” President Trump. However, those who have actually read the Constitution know the power of the budget comes from Congress. Sure, Trump could lead a bit more on this issue, but at no point has Trump ever made over-spending a priority.

Speaker Paul Ryan (R-WI), who is the former chairman of the House Budget Committee, seems most to blame. Of all people he should know how to cut spending, and yet has failed to do so.

The political fallout will likely be negligible. The average American, when asked, will say they are concerned about the debt, but often not enough to change their vote. And so both major parties keep passing this issue back and forth like a hot potato. The party that will be hurt by the debt is whoever is in power when the economy comes crashing down due to debt. Time will tell on that one.

A couple of months ago I wrote about how we can’t afford our sacred cows, including increased defense spending, and yet we’re increasing defense spending through the roof. You can refer back to it here.

The thing I can tell you for certain is we can’t keep doing what we’re doing. Spending on credit will eventually lead to default as more and more of our budget is eaten up by paying interest on our debt and it leases to Greek-style austerity. We need new leadership with ACTUAL fiscal conservatives.

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Economy

Most Americans must pull their heads out of the sand on the national debt

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Most Americans must pull their heads out of the sand on the national debt

How do you stop any conversation at a cocktail party in America? Bring up the national debt. Boredom will overcome everyone listening as the complacency associated with a very simple topic that has been rendered falsely complicated sets in. Everyone will go glassy-eyed. People will nod in agreement while simultaneously not listening to anything you’re saying.

That’s the state of the national debt in the collective consciousness of Americans. Ask if it’s a problem and everyone will agree. Ask if it needs an immediate solution and most everyone will agree. Ask how they’ve voted to fix the problem or how they’ve demanded their leaders address the issue, and suddenly the drinks in their hands become much more interesting than they were moments before.

The problem with the debt isn’t that people don’t know about it. It’s that they just don’t care. Every American alive today who has paid even a little attention to the news in their lives has heard about the crippling effects of the national debt ever since the first real warning bells were sounded. Those bells rang out following the passage of the New Deal when expected GDP growth didn’t match expenditure growth. The result was the debt breaching the 40% mark of GBP. It was the end of the world for many economists who saw no way out.

At the time the national debt was 40% of GDP at $34 billion. Today, it’s 106% of GDP at nearly $23 trillion.

This is a problem that has no face, no tangible effects on the population, and no easy solutions. Entitlement reform is grossly unpopular, yet absolutely necessary to even start the process of fixing our debt issue. But entitlement reform would mean politicians would lose elections, most likely Republicans. Most of them have no intention of taking on something that’s desperately necessary yet immensely unpopular.

The Manhattan Institute’s Brian Riedl took to PragerU to discuss the omnipresent problem that nobody likes to think about. We need to start thinking about it immediately. Otherwise, the problem will “solve” itself.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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Democrats

More is never enough: AOC calls Amazon’s $15 per hour minimum wage ‘starvation wages’

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More is never enough AOC calls Amazons 15 per hour minimum wage starvation wages

What is the limit to how high many Democratic Socialists like Representative Alexandria Ocasio-Cortez want the minimum wage to go? More. It doesn’t matter how high it is. They’ll always want it to be higher. Never mind the economic consequences of increased costs. Does anyone really care if her policies would shut down many if not most small businesses? What’s wrong with exponential inflation as a result of devaluing wages by forcing the lowest level employees to make as much or more than skilled employees?

It’s all just details to Democratic Socialists. They want to attack the rich and destroy the poor. At least that’s what their policies would do whether they’re willing to acknowledge it or not.

The latest victim of AOC’s wrath is an old foe: Amazon. She and other socialists like Senator Bernie Sanders have been going after Amazon for a while. The latest insult hurled by the freshman Congresswoman is also an old one, though with new wording. She accused the e-commerce giant of paying their employees “starvation wages.”

Here’s the problem. Amazon has a self-imposed minimum wage of $15, the number Sanders, Ocasio-Cortez, and other Democrats have tossed out as the value they want for the national minimum wage. Amazon complied, but it wasn’t enough. In fact, they pay many of their workers higher and noted in a statement that they pay more as a starting point for employees in Staten Island near Ocasio-Cortez’s own congressional district.

“These allegations are absurd. Amazon associates receive industry-leading pay starting at $15 an hour – in fact, hourly associates at our Staten Island facility earn between $17.30 and $23 an hour, plus benefits which include comprehensive medical, dental, and vision insurance. On top of these benefits, Amazon pre-pays 95% of continuing education tuition costs through its Career Choice program for associates who want to pursue in-demand careers. For anyone who wants to know what it’s like to work in an Amazon fulfillment center, sign up for a tour today.”

That’s the thing with Democratic Socialists. Whatever demands anyone meets are yesterday’s demands. If they say they want $15 per hour and that gets delivered, they will not celebrate it as a victory for long. They’ll quickly turn around and demand $20 per hour. Why? Because more is never enough.

More is the starting point for Democratic Socialists. It’s also the middle; those who deliver on the demands of socialists will invariably be told the new demands are more. And more. And more.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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Democrats

Justin Haskins: ‘Socialism is completely antithetical to human nature’

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Justin Haskins Socialism is completely antithetical to human nature

Bernie Sanders has a vision for America. A path, as he likes to call it. This path is one that takes us down a winding road of “Democratic Socialism” all the while knowing the end result can be no different from every other path to socialism that has ever been tried. Socialism doesn’t work regardless of what path or which direction you take to get there.

But that’s not stopping proponents of Democratic Socialism, which seems to include the majority of the Democrats running for president today. Led by Sanders and his ideological cohort in the Senate, Elizabeth Warren, the notion that if you take from the rich by force and give it to the poor to “earn” their vote has become the calling card of the Democratic Party. It may have always been heading in this direction, but the 2020 election is shaping up to be either a full embrace of socialism within the party or the (hopefully) final mandate handed down from the people that America refuses to adopt the destructive tenets of a demonstrably poor ideology.

Anyone who thinks socialism will not come full circle if allowed to spring forth in part clearly doesn’t understand the nature of socialism itself. Once the seeds are planted by politicians, fed and watered by voters, and cultivated into laws, it begins the inevitable and unstoppable trend of self-sustained growth. A little socialism is like a plague that spreads until it is all-consuming.

The Heartland Institute‘s Justin Haskins joined Fox News host Tucker Carlson to lambaste the Senator’s repetitive talking points. He and others in his party want to win over the people by offering free stuff. Will voters fall for it?

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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