Posted on 10/26/2013 5:51:14 AM PDT by Dixie Yooper
Dear Mr. Taft:There was a revolution in the Republican Party during the 1970s/1980s, sorry you missed it.The Taft-Michaels-Dole approach to fiscal policy was to oppose irresponsible government spending, which was laudable enough to earn my vote from 1960 to 1978. The only problem with that approach, which continued on after 1978, and still is active to day, was that Republican commitment to a balanced budget, in the context of Democrat success in spend and spend, elect and elect, was that in the name of fiscal responsibility Republicans became the party of high taxes to balance the budget.
With Republicans helping by taking responsibility for the tax portion of tax and tax, spend and spend, elect and elect, the Democrats were in political nirvana. Until finally Jack Kemp (R, Buffalo NY) blew the whistle, declaring that tax rates were already too high to maximize government revenue and demanding that Republicans repudiate the policy of being what he aptly styled tax collectors for the welfare state.
That changed the game; Democrats were bereft, plaintively bleating that the Republicans werent being responsible. The reality was that the Republicans had realized that raising taxes to fund programs they had opposed was itself irresponsible. The proof of the pudding was when Ronald Reagan adopted and implemented Jack Kemps fiscal strategy. Reagan described the result this way:
Now, I knew I was in for it when the hostile critics dubbed our economic plan Reaganomics. They said we couldn't do it. But while the naysayers complained, we went to work.Bottom line, I was a Republican when I cast my first vote, and practically every vote for every office ever since. But if rejecting Ronald Reagan and Reaganomics is the price of admission to your party, then I cannot be a member of it.Today inflation has fallen from more than 12 percent to 1.8 percent for the last 12 months. Interest rates are down. Mortgage rates are down. And we've seen the creation of almost 11.7 million jobs in less than the last 4 years -- more jobs than Western Europe and Japan put together have created in the past 10 years. You know, I really, though, found out our economic plan was working when they stopped calling it Reaganomics.
The first sentence gives away the game. If a fellow is so stupid as to believe that there is such a thing as a ‘genetic Republican’, then his opinion is clearly without merit.
Before Obama, the most fiscally reckless President in our history was George W. “The Compassionate” Bush. The Republicans who refuse to reduce the size and scope of the Federal Government are rhe ones guilty of pushing the entire country to the edge of the fiscal cliff, if we’re not already over it like Wiley E. Coyote.
Taft, America is in big trouble.
We need to bring back American jobs.
Do something about American jobs.
Bring them back from China, and elsewhere.
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