Feeney is right on the money…
Rep. Tom Feeney (R-Fla.) has written this special to the Orlando Sentinel. You can read it here and I encourage you to do so, but I put a teaser just below. He offers an economic analysis that politicians and taxpayers would be wise to think about.
“A market bubble is created by easy-money policy and speculative investment followed by a collapse in market values. Our economy teeters on recession. Politicians reward big labor with new powers at the workplace.
Large government programs are proposed to create taxpayer-funded jobs. Entitlement programs for seniors and the poor are initiated. Temporary “stimulus” packages are passed to placate seniors, farm workers, unions and the unemployed.
Presidential candidates and congressional leaders attack free trade, vow to instate an estate tax on the rich and increase taxes on corporations, individual taxpayers and stockholders. Foreign countries’ economies grow at accelerated rates while American jobs disappear.
Regulations are imposed to crack down on Wall Street, while state and federal governments bring lawsuits against demonized corporations for various offenses. Private companies are more heavily regulated to “protect” the public…”
Click here and you can read more about it.
Filed under: Budget
