- Rockford visitor spending jumps
- The misguided Cecil the lion debate
- State, union extend contract again
- Willow Creek left in the dust by development
- CUB helps residents find best deal
- What the Scott Walker fundraising controversy means for 2016
- Corn prices fade as supplies stay in surplus
- Cubs make history in an unfortunate way
- Pension battle headed for SCOTUS?
- Closed for Progress: downtown’s steady revival
To the Editor: Government should leave business alone
Congress recently sent a $40 billion “Small-business credit, hiring bill” to the White House. As usual, the Democrats believe the way to prosperity is to prop up the business community with borrowed, government money. That money always provides less than its cost, and has strings attached to it, making each recipient more obligated to its governmental benefactor.
If, instead of raising taxes to fund these giveaway programs, the government were to cut back on taxes and leave the business of private enterprise to its own devices, we would see long-term, sustainable growth.
A Democrat-controlled Congress committed nearly $1 trillion to a failed jobs bill just over a year ago. That wonderful program took our unemployment rate from under 8 percent to 10 percent. With a history like that, they want to replicate it?
The definition of insanity is repeatedly doing the same thing and expecting a different outcome. This administration has gone way beyond insane in its pernicious, backward approach to rebuilding our economy. In November, let’s elect some responsible, conservative Republicans who will be true and faithful stewards of the tax dollars we must send to Washington and Springfield.
From the Oct. 6-12, 2010 issue