Cut Our Way to Prosperity
A political figure recently made the following statement “But we can’t simply cut our way to prosperity”. The answer to that is, yes we can.
Where does prosperity come from? It comes from people who work hard and people who invest and take risks. Hard works earns income and some of that income can be invested, saved or spent. Those who have enough to put money at risk hoping to make a large enough return on their investment can create prosperity. Individuals and investors can create prosperity, government can do very little to create prosperity but it can do a great deal to prevent it.
Government can stop spending on a lot of things. Many of the things that government spends on are not essential for the common good. All spending cuts are good. Not spending money we do not have can only help.
The government can create an environment that encourages investors to put money at risk and invest hoping to find prosperity`. Spending cuts makes lower taxes possible. Lower taxes encourage people to work hard and earn money and possibly invest. Fewer mandates on companies to spend money per employee encourages individuals to invest in employees and create jobs. More jobs will lead to prosperity.
Fewer regulations and fewer government employees create an good environment that helps create prosperity. By staying out of the way and allowing the free market to work on its own without any help from government can help us on our way to prosperity.
Yes we can cut our way back to prosperity. Cutting spending is good and government spending is bad.
Please do us a favor and cut our way to prosperity. It can work, and it will work