The Ends Justify The Means: An American Economy

Both Statists and Individualists desire a booming economy. Statists know that the larger our economy grows, the more money our governments take in taxes, giving them the power to do more. The more they can do, they more they can be lobbied to do, the more money flows into their campaign chests, which leads to their ultimate aim of retaining power and influence in government. Individualists know that a growing economy inevitability leads to more economic opportunity and prosperity for all. Therefore, anything that grows the economy, by whatever means, is considered a good thing.

However, I would argue that this is a mistake. There are many kinds of growing economies and not all of them are positive. For example, the US economy is growing at around 2% a year, creating millions of part time jobs with relatively no benefits, low wages, and no career stability. Black market immigrant labor has increased corporate profits across the board. Federal mandates on health insurance purchases has led to remarkable achievements in profit and stock prices for US Health Insurers and Pharmaceuticals, and has been a boon for health professionals. The nationalization of student loans has led to huge profits and growth for our universities and state colleges.

If we accept every argument that comes across the evening news related to economic growth, while ignoring negative associated and unintended consequences, then we’re missing the point.

A free economy is more important than a “good economy”. Real money should be preferable to artificially controlled federal currencies. A sustainable economy is more important than temporary economic growth and sector profits. We watch the news and see that the federal government added a net of X million jobs. What we aren’t seeing is that this net positive weighs evenly part time and full time jobs. If we lose 750,000 full time jobs and add 1,000,000 part time jobs, the federal government reports a net positive of 250,000 jobs created. This is the kind of economic growth we see today.

You’ll hear establishment Republicans say that, “immigration is hugely important to economic growth”. What they mean is, that driving down the price of labor is hugely important to corporate profits and the price of a companies stock. Is that really the kind of economic growth you want? You’ll hear Democrats argue that, “infrastructure is necessary for economic growth”, while spending $100 dollars for $10 dollars worth of infrastructure value at a waste-rate of 90%. Is that the kind of infrastructure we want in America?

I would prefer a Republican Party that campaigned on free, sustainable economic policies, real jobs training (as opposed to an over-saturation of unemployable college graduates incapable of finding work in their fields, buried in debt from the start). We need real common sense economic agendas that rest upon intelligent and thoughtful policies, not easily marketable sound-bytes. We excuse heavy-handed regulations, obscene amounts of dollar printing, eminent domain, government-sponsored corporate monopolies, and illegal alien work forces, all in the name of a “good economy”. The Republican Party ought to set a higher standard and begin focusing on freeing up the economy to adjust to changes in technology and innovation, and invest in trade and labor training, and not just funneling billions of dollars to Statist Universities, which exist to essentially brainwash our children in a Marxist, globalist, multicultural, egalitarian, atheist, and authoritarian mindset.

I would be quite content and encouraged to hear a Republican Candidate for President address the real economy. I know that Rand Paul has touched on several of these issues, as well as Ted Cruz and Ben Carson. I just don’t hear anyone repeating them or endorsing them or celebrating them. The Republican Party must become the party of a free, sustainable economy, fighting waste, fraud, and abuse within our bureaucracies and departments, our universities, and our legislatures. Debt will destroy this country, if we let it. Debt is not sustainable economic policy.

When Congress comes back from break, they are going to increase the debt ceiling. Will you be putting up a fight? Will your Congressmen? Will your Senators?