Posts Tagged ‘national debt’

DEFEAT THE DEMOCRAT, PROGRESSIVE LEFT

NY City Tammany Hall leader “Boss” Tweed, 1860’s-70’s

Although I’m more conservative than liberal, I try to be even-handed in my writing.  However, the Left has become so radical, and even criminal at times, I think an article that is not even-handed is in order and appropriate. The following is a brief summary of what I believe has and is happening to adversely affect the Democrat Party:

1. President Biden used to be a moderate Democrat for most of his political career, but he has governed  as a far-left radical after becoming President of the United States.  His policies are difficult to understand and appear to all be geared to hurting Americans and the U.S.  Examples of this include his dismantling of the myriad of immigration and border policies that kept illegal immigration very low; putting America in huge debt by wasting trillions of dollars in allegedly helping Americans get over the pandemic; dividing America along racial lines by supporting and funding Critical Race Theory; weakening our military by not providing it without enough funds to keep up with inflation; by removing economic sanctions from our adversaries such as Iran, China, and Russia.

2. Mainstream Media has become so dishonest that absolutely nothing it says about former President Trump or President Biden can be believed.  It is also guilty of “bias by omission” since it reports next to nothing that makes former President Trump look good or President Biden look bad.

3. Democrat Party leaders refuse to debate issues but instead make “ad hominem” (personal) attacks against Republicans.  The reason for this is that their policies are absurd to the extent that they cannot be successfully defended from arguments against them.

4. Democrat policy positions on everything, from Immigration to Healthcare to Tax  Cuts, are disingenuous and are geared solely to further the Democrat Party at the expense of the American public.

5. Far-left Democrats should commend President Obama because he did their bidding by trying his very best to drastically weaken our military, economic system, and Healthcare in order to further his Socialist agenda and that of the Democrat Party (by having a large permanent poverty class dependent on the government for basic subsidence).  He (and President Biden) also allowed large numbers of illegal aliens into the U.S. since most will eventually vote Democrat, and Obama doubled the National debt (from $10 trillion to $20 trillion), coming close to bankrupting the country (and President Biden will finish the job).

6. The Democrat Party, Barack Obama, and Joe Biden destroyed healthcare insurance for millions of Americans; only those receiving free medical insurance did well under Obamacare.

7. The far-left shouts down conservative speakers on college campuses, as well as destroys property in its demonstrations, thus demonstrating it does not believe in the First Amendment to the U.S. Constitution on freedom of speech and also cannot debate anyone it disagrees with.

8.  Many Democrat leaders, such as Democrat Congresswoman, Maxine Waters, and House of Representatives  Democrat “Squad,” have advocated violence while the Main-Stream Media falsely accuse President Trump of instigating violence.

9. Many Republican leaders are timid and cannot competently argue conservative policy positions though those positions are usually far better than liberal positions.  Were it not for Fox News and other  cable TV stations, talk radio and President Trump, the Republican Party would be in terrible shape.  In other words, as ridiculous as most liberal positions are, the timidity of many Republican leaders really hurts the adoption of conservative policy positions.

10. I believe that the far-left wing of the Democrat Party is shaping and mentally preparing its followers to violently take over the Federal government.

If and when Democrat Party loyalists see what has happened to their Party and punish it by not supporting it until it changes, the Party should then clean itself up and consequently become more competitive and win many more elections.

WILL PRESIDENT TRUMP BE RE-ELECTED?

Will President Trump be re-elected on November 3, 2020?  I believe that, given his accomplishments, he should be…but of course that doesn’t mean that he will be.  Further, I believe that he is becoming our greatest President. Let’s take a look…

George Washington was our greatest President…without him there would be no United States of America.  Abraham Lincoln was our second greatest for ending slavery and preventing the South from seceding from the Union and therefore keeping the United States as one country.  Ronald Reagan was our third greatest because America was in a huge mess after Jimmy Carter’s presidency and Reagan turned it around by cutting taxes and Federal regulations which grew the economy, and by rebuilding our military to the extent that the Soviet Union collapsed.  The Gross Domestic Product (which is the measure of the size of the economy) almost doubled in the ten-year period from the time Reagan’s cuts in tax rates went into effect (1983).

I believe that Donald Trump is now becoming our greatest: he already knows the best policies to pursue for the U.S. to prosper…in addition to knowing how to handle sticky international problems and strengthening our military, but now he needs to improve at dealing with the Democrats and the media and be more careful in his choice of words to protect himself from the likes of Dick Durbin, Nancy Pelosi, Chuck Schumer, Adam Schiff, etc.

A few of the President’s major accomplishments include his initiating  and signing the Tax Cuts and Jobs Act, which stimulated the U.S. economy, big time.  This came as the President terminated thousands job-killing useless regulations, initiating a huge increase (10 trillion dollars) in the Stock Market, creation of 5 million new jobs, very low unemployment rate (3.6 %), increases in the Civilian Labor-Force Participation Rate, and growth in the Gross Domestic Product by 3-5%.  Moreover, by giving the military more flexibility in fighting ISIS, most areas formerly held by ISIS have been recaptured.  President Trump is now building an illegal-immigration-stopping wall on our southern border, and attempting to end to chain migration and  VISA-lottery immigration.  He also made huge increases in the military budgets for both FY 2018, ’19 and ’20, which significantly improved the military’s strength and readiness.  He also negotiated great trade deals with China, Mexico and Canada, Japan, South Korea, etc. and cracked down on China’s intellectual theft from America.  He created 9,000 economic opportunity zones in inner cities and other poor areas and passed prisoner reform legislation to help prisoners be treated more fairly.  Despite massive resistance, President Trump also temporarily stopped travel from China to the United States on January 31, 2020, in order to slow down the spread of the Coronavirus from China to America.

What other achievements does President Trump need to be re-elected and then become the greatest President in U.S. history?  I believe that how Trump makes America great again despite everything the mainstream media and the Democrat Party do to stop him, will determine, in part, how great President Trump becomes.  Put more simply, Trump’s political enemies will be somewhat responsible for the degree that he becomes great.  There is a simple Arab saying that makes it clearer, “the greater your enemy, the greater the victory over that enemy.”  President Trump has many powerful enemies.

After seeing what President Trump has accomplished thus far, aside from being  that I believe that he is well on his way to becoming our greatest President, what else does he still need to do to be re-elected and become our greatest?  This is what I believe he needs to do:

  1. finish building the southern border wall, end the visa lottery, end sanctuary cities, severely limit chain migration, establish a merit-based immigration system,
  2. pass a great American infrastructure bill,
  3. replace Obamacare with something much better and cheaper for a great healthcare insurance system,
  4. prepare a plan to get to zero budget deficits and begin significantly paying down the national debt,
  5. eliminate ineffective government programs and agencies and reduce the size of the Federal workforce,
  6. continue rebuilding the military to be stronger than it ever has been,
  7. significantly reduce the opioid crisis,
  8. expose and end voter fraud,
  9. revitalize and make safe depressed inner cities,
  10. help clean up corruption in government and political parties,
  11. continue appointing more conservative judges,
  12. be more congenial, don’t unfairly criticize anyone, don’t exaggerate,
  13. be re-elected President in 2020 to finish all initiatives.
  14. stop China’s intellectual theft from America.
  15. add more Middle Eastern countries to the Israel-UAE, Bahrain, Sudan peace agreement.
  16. keep Democrat voter fraud to under 3,000,000 fraudulent votes in presidential elections

In today’s partisan political climate, it’s difficult to get much accomplished without great effort, but President Trump is getting important things done despite his many enemies. We’ll know on November 3 or perhaps much later if he’s re-elected and in a few years just how great a president President Trump was.  He has significant headwinds from Mainstream Media which has become completely dishonest.

HOW TO PAY OFF THE NATIONAL DEBT?

The United States currently owes $26 trillion, $3 trillion of which President Trump needed to  spend to help the U.S. to recover from the Corona virus lockdown of the economy. This debt is an albatross around the neck of the Country and there is little likelihood that it will be even partially paid off anytime soon…or is there?

The richest country the world has ever seen, sitting on top of  huge untapped oceans of oil, natural gas and coal, as well as millions of square miles of publicly-owned land, and we’re the beggars of the world, owing trillions of dollars to China, Japan, and many other countries, including our own Federal Reserve, which creates money out of thin air.  This picture doesn’t make sense but what can be done to change it?

There are many proposals floating around to help address this problem, from a fair tax to a flat tax and the “Penny Plan”.  Ohio Governor John Kasich paid off billions of Ohio’s debt by cutting ineffective programs.  Former Wisconsin Governor, Scott Walker, cut government programs and also stopped the Union practice of letting outragiously expensive Union contracts.  Former Florida Governor, Jeb Bush, created many jobs and took Florida from billions in debt to billions in surplus.

Various plans have been tried, some with dire consequences, like the “Sequester” that President Obama suggested and Republican leadership agreed to.  The Sequester had been devastating to the military because it cut budgets across-the-board, both good programs and bad.  There are many expensive Federal programs that are ineffective and do little or nothing, have been around for a long time, and need to be terminated.  Some programs simply need to be revised in order to make them effective and efficient.  But any revising or terminating requires a strong leader. That’s why the 2016 Presidential election was so important.  Not many leaders would cut ineffective government programs and also expand production of, and then sell off, oil, gas and coal to other countries and perhaps sell surplus public land to its citizens, but President Trump has begun this process and will continue to do so to pay off the National debt.  He must wait until after the 2020 elections because cutting government programs is unpopular and President Trump would therefore probably not be re-elected if he started cutting programs before then.  Bringing back trillions in cash currently “parked” oversees by American corporations is also greatly helping now that the U.S. corporate tax has been reduced from (highest-in-the-world) 35% down to 21%.

If the United States doesn’t get its spending under control it will most likely be piled onto the ash heap of great countries that spent their way into mediocracy.  This requires President Trump and a Republican House of Representatives and Republican Senate together in order to end those Federal programs that are not helping people.

CHOOSING A PRESIDENT: DONALD TRUMP?

On November 8, 2016 Americans made a decision that was one of the most important in the history of the United States: electing for Donald Trump to be the President of the United States.  Many believe that politics is stupid because of all of the partisan bickering that goes on.  That may or may not be true, but it’s irrelevant…our President makes decisions that affect not only us, but our children, grandchildren, and many others around the world.

Based on the controversy of this Presidential election, I developed the following non-partisan criteria for selecting a President.  I came up with them after looking at everyone else’s and concluding that they were inadequate.  My qualifications for doing this are: I followed politics for over 60 years, my Masters degree from the University of Pennsylvania is in Government Administration, and I’ve worked for the Federal, State and local governments for 44 years.  My 6  criteria for choosing a President are listed below and are prioritized and listed in the order of their importance (#1 is the most important and #6 the least important).

1. POSITIONS ON ISSUES:  this criterium might also be called “ideology”  and is really the most important reason why one should select one presidential candidate over another.

2. EXPERIENCE: there is no job exactly like the presidency but there are some jobs that provide relevant experience.  It’s not a coincidence that seventeen of our U.S. Presidents have been Governors of a State.  Being a Governor provides the best experience  for the presidency, however any executive or managerial experience is relevant and useful.  High-level military experience is good.  Legislative and legal experience is also useful.  Check out accomplishments.

3. EDUCATION: A masters degree in either Government or Business Administration is probably the most relevant education a President could have.  A law degree is helpful.  Business education is helpful.

4. OPEN-MINDEDNESS:  In U.S. politics, the politician is either on the left or the right and this ideology  can be constraining at times for finding the best solutions to a problem or dilemma, so willingness to “going-across-the-aisle” and being good listener can be a great asset for a president.

5. INTEGRITY: one of the important qualities but not so common in many politicians.  This is important because the President may ask us to go to war or to make some other sacrifice, so we need to be able to trust him or her and not think that whatever is being done is for political purposes.

6. PUBLIC SPEAKING and CHARISMA: for his “bully pulpit” duties, a President would be well-served by being a master of the spoken word…and if he or she is charismatic as well, so much the better.

You may agree or disagree with my 6 criteria or perhaps you simply may want to add a few more.  Whatever…but it is important to have criteria (or standards) to use, otherwise you’ might do what many people do: vote solely by political party, vote because of something irrelevant like age, gender, physical appearance, ethnicity, race, or emotions.  While most elections don’t matter that  much, the 2016 Presidential election was one of the most important in U.S. history, and the 2020 Presidential election will also be very important because in his second term President Trump I predict will mostly eliminate annual budget deficits and devise a plan and strategy to pay down the National debt if both the Senate and House have Republican majorities.

It used to be relatively easy to carefully consider my aforementioned six criteria in judging presidential candidates.  With today’s partisan media, it’s very difficult, but it can be done with great effort.  The fate of the U.S. depends on it.

 

CONSEQUENCES to the U.S. from PRESIDENT OBAMA’S ECONOMIC POLICIES

 

President Obama meant well.  He sounded sincere and touted “fairness” as his primary concern in his governance of the nation.  However, it’s true that “the road to hell is paved with people with good intentions.”  In plain English, it almost doesn’t matter if the President was sincere  and meant well if the results of his policies were to cause great  harm to hundreds of millions of people.  The percentage of Americans with full-time jobs (“Civilian Labor-force Participation Rate”) has not been as low as today (62% of civilian labor force) since the late seventies and if unemployment statistics were calculated the way they were in the year 2000, unemployment would be about 10%.  If they were calculated the way they were during the Great Depression, unemployment would be over 20%.  Below is my analysis of those major policies of President Obama that destroyed the American dream for many Americansand which President Trump and the Congress need to reform:

A. OBAMACARE/AFFORDABLE CARE ACT: This  law is a wet blanket on the economy. While I’m for good healthcare, and for insuring people with pre-existing conditions as well as kids up to the age of 26 years-of-age on their parents insurance, Obamacare is a bureaucratic nightmare with much more expensive premiums for most people, and unbelievably-high deductibles and co-pays.  This turns most Obamacare policies into catastrophic care only because most people will never meet their deductibles and will therefore be paying out-of-pocket for most of their healthcare.  This turkey needs to go and hopefully will be replaced with something created by a combination of Senators and Representatives from both major political parties.

B. IMPEDING ENERGY PRODUCTION:  A decision on the Keystone pipeline was made for political reasons.  Oil production on government land was significantly down, however, basically because the environmental lobby was against all fossil fuels.  Meanwhile, America has more gas, oil, coal, and shale oil than all of the countries in the Middle East combined but government regulations prevent most of it from being developed.  The wealth created by all of this energy could pay off the National debt, the trillions in unfunded liabilities, and produce an economic boom the likes of which no country has ever seen.  And as thoroughly, scientifically, and irrefutably proven in David Archibald’s, Twilight of Abundance, the warming trend of the earth over the last century, up until 18 years ago when it stopped,  is due mostly to Sun Spots and Solar Flares, not to the burning of fossil fuels.  

C. DEFICITS/NATIONAL DEBT: President Obama doubled the National Debt (from $9 trillion to $20).  The Federal government is still borrowing billions/month from the Federal Reserve so the annual budget deficit is currently over 1/2 trillion dollars/year.  Each year the Annual Budget Deficit is added to the total National debt and currently the National debt is about $20 trillion.  This amount of deficit spending and National Debt is unsustainable. The Federal Reserve  has the authority to print money and by doing so has been able to get away with this huge deficit spending,  but doing so without the backing of gold and/or legitimate loans from other countries, simply inflates our currency.  The U.S. dollar is currently the world’s “reserve currency,”  but our borrowing and spending may eventually change that.  When it occurs, the dollar will immediately decrease in value by about 30%, our credit rating dramatically reduced and interest rates on our borrowing dramatically increased, and our ability to borrow severely curtailed.

D. REGULATIONS:  Regulations are necessary in our society but government needs to be very careful in not over-regulating since this can and does add significant costs to the economy, negatively impacts business creation, and reduces freedoms.  The regulations written pursuant to Dodd-Frank, the Endangered Species Act (ESA), and the Affordable Care Act  (“Obamacare”), among many others, are excessively burdensome to people and the economy.  ESA, for example, has caused the destruction of most crops in California’s Central Valley due to the Delta Smelt, a small fish on the Endangered Species list. Dodd-Frank is a financial nightmare that does nothing to prevent future bank problems.  Obamacare has and is destroying jobs.

E.  HIGH TAXES:  Money taken from the economy in taxes should be limited because it hurts the economy.  Tax money should be used only for legitimate purposes.  Higher taxes is a drag and drain on the economy so  government needs to be careful to spend it wisely.  Lowering tax rates on everyone who pays taxes in order to stimulate the economy is the preferred way of increasing tax revenues and growing the economy to pay for Social Security, Medicare, Medicaid, unemployment benefits, etc.

F. CORPORATE TAXES:  A significant Obama policy  that has unintentionally done  harm to many people is the retention of the 35% corporate tax, which is higher than any other country in the world.  This has led to the flight  of many U.S. corporations and businesses to other countries, and with this flight, the jobs and taxes that go with them.  They need to be reduced to 15-20%.

G. PROLONGED UNEMPLOYMENT BENEFITS:  Extension of the duration of unemployment benefits for more than  12 months is very harmful to the unemployed as evidenced by studies showing  the unemployed usually do not even look for jobs until a few weeks prior to their unemployment benefits expiring.  At one point, Obama, in conjunction with a Democrat Congress, extended unemployment benefits to 24 months. “Compassion” was the stated reason, but getting the unemployed off of of the official unemployment roles  so that the official unemployment rate would be lowered is the real reaon.

H., I., J.,K., L., M., N., etc.

In closing, most Americans were proud that the U.S. elected an African-American President 151 years after the Emancipation Proclamation freed  American slaves, even if they personally did not vote for him.  The United States inherited slavery from England when it took over the country in 1776 but had to temporarily retain slavery  in order to form the Union to include Southern States (the “Great Compromise”).  At the first opportunity, the U.S. rid itself of slavery (in 1863).

The first African-American President unfortunately had no experience in managing anything or in guiding an economy and therefore the U.S. consequently is badly hurting economically.  While I believe President Obama meant well, he also still believed that failed liberal/”progressive” economic policies (“Keynesian economics”) were the way to stimulate the economy and therefore turned a blind eye to workable economic policies.

President Reagan demonstrated how to get an economy working and the proof is the fact that the Gross Domestic Product (which measures the size of the economy) of the United States almost doubled 1n the 10 years following Reagan’s implementation of his large reduction in tax rates (1983-1993) and curtailing Federal regulations.  President Kennedy also stimulated the economy during a recession in the 60’s by cutting tax rates.

 

 

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