Tuesday, July 13, 2010

Crisis of Confidence

It is amazing that liberals are sticking to their failed policy that government spending is the way to spur economic development and create jobs. Recently Speaker Pelosi said that issuing unemployment checks was the quickest way to create jobs. Is this really a talking point that Democrats believe connects with the working and frustrated American? President Obama echoed a similar lack of understanding of the economy when he recently promised his Union friends additional funds to supposedly buoy-up the economy.

The hard-working American business owner has little confidence that this president and congressional leaders have a plan to address the weak economy. Continued spending is a failed strategy. Supposed necessary bail-outs have had no real positive impact on the economy and for certain, another will only drive us further into debt and delay the day when the invisible hand of a robust free-market must work to restore the fundamentals to place us back on the path to prosperity.

The truth is capitalism works. I know this is a hard concept that liberals and progressives hate to acknowledge. But the time-tested truth is big government is the enemy of small business and small business is the nexus of prosperity. I’m not saying there is no role of government nor am I saying that capitalism isn’t messy. But government must stop spending money and liberals must acknowledge that for business to thrive, we need government off our backs and out of our wallets.

Business owner across the country face a crisis of confidence. While Obama is in the White House and liberals control both Houses of Congress, businesses wonder what is next. So while liberals get more desperate as they watch their support fade and poll numbers drop, the American business owner holds their breath in hopes that they can survive the final two years of the Obama administration. What the American business owner and their hard-working employees need are less government regulations and a government willing to cut spending and waste now.

A prosperous economy will require a quick return to conservative constitutionally-founded principles. We need our elected Representatives to stop the rush to socialism and start asking what the proper role of government is. This is the only way to bring American away from the brink of financial destruction.

President Ronald Reagan said Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

This disastrous trend must end and Utah’s GOP leaders and candidates are prepared to show the way. As the best managed state in the nation, Utah offers the example: after years as the majority party, the GOP can demonstrate fiscal and economic leadership. A victorious GOP this fall will help restore fiscal sanity to Washington, and continue to lead here in Utah.

Only through fiscal discipline will confidence of both business owners and consumers return and the economy improve.