Competing philosophies

To the Valley News:

It seems that this election will be about two competing philosophies. The first one is the “Great American Experiment” of a free people, living and working in a free marketplace, versus a big government system with government getting more involved in more and more aspects of our lives to “make things better” with regulations, laws, and reallocating of resources more “fairly.”

The first one, the entrepreneurial free market system, based on the worth of individual effort is the great engine that has brought us from a fledgling wilderness nation to the most vibrant, richest people in the world. It is a system where 300+ million people make billions of decisions large and small every day. This is what makes the free market work, not a few dozen government experts deciding what is best for us.

With the power of our entrepreneurial spirit, this great free enterprise engine over 200+ years (with a few exceptions and corrections) has carried America on a constant upward path to a better life for everyone. Even the poorest American would be considered well off in most of the world.

I'm not saying the government doesnt have an important roll to play, it does. And it’s roles are enumerated in our Constitution.

The other philosophy, the big government system in recent years has been burdening that engine with expensive regulations, punishing taxes, and a strong demoralizing, left wing anti-business agenda which is slowing the ability of that engine to pull us all up that hill. Under President Obama, that trend has been put on steroids. It seems success has to be punished, even if it means less jobs created. We have the highest unemployment since Jimmy Carter in 1979, (the REAL worst economy since the great depression) 12% unemployment, 21% interest rates, and 15% inflation. Yet we vilify the job creators. We raise taxes and redistribute the wealth. This only works until you run out of other peoples money. (Margaret Thacher)

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