The Conservative Edge

I’ve been listening to the debates over President Obama’s proposed stimulus plan. It seems that some people, like New York Times columnist Gail Collins, insist that there are no earmarks in the plan and that we should all just “give it a pat on the back” and accept it. Others, like columnist Paul Krugman, are accusing the Republicans of “trying to push the economy over the edge” as they object to the sheer size of the program. Of course, before Obama’s election, Mr. Krugman repeatedly charged the Republicans with overspending and running up the federal deficit. So much for his objectivity!

President Obama has ridiculed the Republican view that this stimulus is more about spending than about stimulating the economy. “What do you think a stimulus is?” he asked. Spending, he said, “is the whole point.” That callous response doesn’t make sense—common sense, that is. Most Americans understand the need to control their personal spending during tough times. Indeed, that’s partly why the economy is in a recession. People have tightened their budgets and expenditures; they’re saving money instead of spending it. How then can it be un-American to question the size and the intent of the stimulus plan? Didn’t the liberals question and over-analyze everything from the Patriot Act to Bush’s tax cuts?

The Democrats don’t understand (or won’t admit) that there may be ways to stimulate the economy without spending money like a shopaholic. For one, the government could slash the corporate tax rate, as America has the second-highest corporate tax rate in the world. Businesses might be able to retain more American workers, instead of sending production overseas to offset the high taxes. Many countries in Europe, for example, also subsidize corporate energy costs, making it even cheaper to produce goods. This puts American business at a huge disadvantage. But for some reason, the Democrats hate Big Business, especially oil companies and tobacco companies. They don’t seem to realize that when you create an environment in which business can grow, you create opportunities for employment growth as well.

Aren’t there any reductions in the stimulus plan? Can’t the supposedly intelligent, qualified members of Obama’s Cabinet (and other Democratic Representatives and Senators) find excess and redundancy in government and cut it out? Instead, they are focused on their efforts to make government even bigger, with a resulting increase in government control. When Ronald Reagan’s administration took office in 1981, James Baker recalls that their top three priorities were: economic recovery, economic recovery, and economic recovery. But now, the Obama administration’s priorities are: spend, spend, and spend some more.

Maybe more Americans would have a positive view of the stimulus plan if all the Democrats would pay their income taxes…

Tags: corporate taxes, Democrats, economic recovery, employment, energy costs, Gail Collins, GOP, government spending, income taxes, liberals, New York Times, Obama, oil companies, Paul Krugman, President Obama, recession, Republicans, stimulus package, stimulus plan, taxes, tobacco companies, unemployment rate

This entry was posted on Sunday, February 8th, 2009 at 4:00 pm and is filed under Conservative America. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.