Economics & Fiscal Responsibility

Let’s talk

In response to me being a delegate, I have received both money and comments. Some constructive, some otherwise. Today I received an email from a gentleman who reminded me of a few things I would like to discuss. He wanted, as is no surprise to me, to make sure that the youth of this country are in tune with capitalism; what it means, and how we are supposed to be responsible with it. Of course, with so many or my generation blindly following the Obama’s and Pelosi’s of the nation, it is no doubt that many are out of touch, blind following the blind, who have never been truly educated on what makes America the global super-power, the richest nation on the planet… FREE MARKET

Before I delve, let me first concede that I am no expert on economics myself, simply a student of the great minds in whom these ideas were founded. Let me further say that it is NOT lost on me that there are geographical and topographical advantages that our nation has enjoyed which have indeed contributed to our wealth - albeit through the responsible stewardship of those who have gone before us.

In our nation, as it currently is; it does not seem to matter which party is in power, spending increases as does the size of government. We should take note, however, that although our deficit increases bipartisanly (I made up a word, lol), when taxes are cut (i.e. 2003) we see an increase in GDP and, ultimately an increase in tax-revenues. So, until we’re back where we’re supposed to be, continue to vote for Republicans. As I see it. Our problem is not that Republicans don’t understand conservative economics. In fact no one has a platform with better fiscal policies. The problem (one of the problems) is that we have representatives who do not act like Republicans, listen to the people’s voice, who do not follow the party’s platform.

As with all things change must start in our homes, in the minds of our children. Why don’t more people know of Friedman, Smith, Buffet, and Carnegie? Why are money and economics such ignored and off limit subjects in our schools and at homes? Change has got to come if our country is going to survive. Luckily for us to find this change, our proper direction, we need look no further than our own history, from whence we came. Who first comes to my mind, whom I was reminded of today: Milton Friedman. Probably the most brilliant economist of our time. Who I was never fortunate enough to meet before he died a couple of years ago, but from whom many have learned a great deal about how exactly this oh-so-efficient machine of capitalism works.

We need to remind our leaders what “Free Market” means. We need to educate our friends, co-workers and children about capitalism. Else we lose it to the media and the bureaucracies, and become the socialist nation that the democrats THINK they want. Watch the quick clip below. It’s an interview with Milton Friedman concerning Greed. Our schools, our churches, and the media cast wealth and personal agenda in such a negative light that it’s almost taboo to succeed. Milton puts that sentiment in its place, pointing out that while idealism MAY be romantic, it definitely isn’t pragmatic. And in a binary world where you have to chose between 0 and 1 - you take the 1, else dwell in the superfluities of ignorant, idealistic hope.

I have been fortunate enough to find great mentors. A few whom I have met, and many who don’t yet know my name. Below are a couple of reads I recommend for every family, as they are a mental detox when it comes to economics (micro & macro.)

Free to Choose - Milton Friedman
Capitalism & Freedom - Milton Friedman
Think & Grow Rich - Napoleon Hill
Essays In Positive Economics - Milton Friedman
The Richest Man in Babylon - George S. Clason
And, of course The Wealth of Nations - Adam Smith

Alright y’all, I gotta pack for convention.

Thanks to everyone who has sent me money to help pay for Minneappolis, I am very grateful. I will continue to accept funds until my credit cards are paid of, lol… so any help you can provide is appreciated!

Talk to you soon,

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