Economic Growth
The common theme we’ve been hearing every day since the economy started its downward spiral is: get the economy back on track. Basically, we need to economy to stop shrinking and start growing again.
Many people have offered their ideas as to how we can right the ship again. Let the bad companies fail. Set up the bad bank corporation, similar to the S&L struggles of the 80′s. Government has even thrown its hat into the ring by passing out billions of our tax dollars in bailout money and promising to pass out billions more with their spending…er, stimulus bill.
And none of these will work. They are all band-aids designed to merely stop the bleeding, but not cauterize the wound. I ask you – what good does a band aid do when you’ve cut open your leg with a chainsaw? Nothing.
But I do have a solution. It’s pretty simple and it will be FAIR to everyone.
What is this magical solution I speak of? The FairTax. That’s right the way to solve our economic crisis is through the complete reform of our current tax system.
The reasons why the FairTax would get our economy growing again are to lengthy to post in one sitting, so I’ll be covering the FairTax, piece by piece in a series of posts over the next few weeks. If you don’t know anything about the FairTax or THINK you know all there is to know, I encourage you to stay tuned and learn more about what I consider the greatest idea to come from a Congressman in a long time.