Now enter Obama who, despite this failure of social engineering, has plans to start a new, much more grandiose project in socialism. This new program isn’t just limited to banks, it now goes after the idea that 95% of all people are owed something for nothing. Why limit it to just the banks when government can go after all moderate to large businesses and mandate that they give to all.

Higher taxes are not the answer, bigger government is not the answer, tying up capital in government taxes that would otherwise be used for investment and job growth is not the answer. People do not invest money for profit, they invest it for a certain amount of after tax profit. If you lower that profit margin there is a certain amount of capital that will not be invested. This means less jobs, which means more government spending to support these people, which means higher taxes. This starts the loop over and over and sinks the economy lower and lower with each round.

Obama says that he will not tax small companies that make less than $250,000 a year. 85% of companies that make less than that number have zero or one employee in addition to the owner. Where is the incentive to expand? Where is the job creation? Where is the incentive to succeed when the extra hard work needed has such a small pay off. Just today Obama came out with new plans to help the economy. Part of those plans were to cut taxes for two years on parts of the economy. When pushed into a corner even Obama has to admit that lower taxes do work to stimulate the economy.

One of the worst times in recent history as far as U.S. finance goes was the 1970’s. This time period had close to 10% unemployment, 18% interest on mortgages, and almost no economic growth. It also had some of the highest taxes and government interference. The definition of futility is to keep trying the same experiment over and over and hope for a different result.

Our country was based on the principles of limited government, personal responsibility, the belief that hard work and individual achievement should be rewarded. Following these principles has allowed our 222 year old country to become the most powerful economy in the world. These are sound, proven principles that have a history of working. If these principles are abused you don’t blame the principles and try to scrape them, you stop the abuse. The people of our country need to be allowed to excel. They should be encouraged with the idea of a better life for themselves, not dissuaded with the idea of their hard work meaning a better life for others.

Social Engineering doesn’t work. Countries that practice it are the same countries that we passed up in becoming the most powerful country on this planet. Any step in the direction of socialism, no matter how small that step is, is a step backwards for our country. Any step towards the liberal agenda makes our country less than what it is. The power of our country is not its government but its people. If you diminish our power by larger government, if you diminish our freedom by more government intervention then you diminish that glorious idea that is America. Use your vote, use your freedom to make sure that doesn’t happen.

McCain / Palin ‘08