It’s My Turn
In the current economic crisis I have heard many people question their political party affiliation. I have also witnessed other voters staunchly defend the party that they have been with since they first registered to vote, even when the direction of their chosen party has left the values and interests of the individual behind.
What strikes me is how far apart our two major political parties have drifted over the years. Not long ago, a great 20th Century American President said, “It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now ... Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”
While most people would likely assume these are the words of a Republican like Ronald Reagan, they are actually the words of President John F. Kennedy, a Democrat.
Kennedy believed, as many of today’s Republicans do, that cutting taxes is the way to achieve a more prosperous economy. President Kennedy knew that by allowing small businesses to invest and grow, we create more jobs and opportunities.
As a businessman who has created over 1,000 jobs in the New York area over the course of my career, I understand what it takes to make businesses grow and get people employed. I believe as President Kennedy did that you cannot tax your way out of debt and towards prosperity.
Today’s Democratic Party, under President Obama, does not share this tried-and-true, proven economic principle. By increasing our taxes significantly in 2011 and mandating health care reform, taxpayers will be burdened like never before. The wasteful stimulus bill did nothing to fuel our economy or create any lasting solution to our economic problems, as we were promised.
At a time when our annual national revenue is at $2 trillion and spending is over $3 trillion a year, we are running out of time. This out of control spending cannot be sustained and we are in need of immediate change. We need to bring back accountability to our government and dispose of those members of Congress who have repeatedly placed party allegiances over the interests and will of the people.
We must recognize that cutting taxes is not a “Republican” solution, but a rather sound economic solution. A solution that has been used successfully by Democrats and Republicans alike, to grow the American economy.
It was also JFK who said, “Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.”
On November 2 vote for the candidates who you believe have a better plan for the future economy and represent your values as a voter.