Monday, October 15, 2012

Principle Over Perception

There is a misconception that there is only stark differences between the two major political parties. That is far from the truth. In this current election there is a great deal of difference. That is the truth. There have been many issues where the parties agree but disagree on the implementation. A lack of understanding of the principles of a party leads to many misconceptions.

Democrats and Republicans do have similarities just as they have differences. Depending on the economic climate or the social issues of the time is where they either clash or cooperate with one another. In 1962 President J.F.K. gave a speech in which he said that:

"The federal government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities of private expenditures"

"When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital."

These are two excerpts from that speech. But the most powerful statement was:

Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget, just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions, and any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low. And the soundest way to raise the revenues in the long run is to cut the rates now."

J.F.K. is well-respected by Democrats and Republicans alike. He was not playing to his party but to the people and their need for growth. Dont assume that everything falls along party lines and things have never been differtent. If you do your resarch you will see that Southern Democrats became Republicans after Abraham Lincoln became president. There is always a shift. Realize that the perception presented does not alays connect to the principles that either or any party truly embody.

Lower taxes spurs job growth. That is not a republican tag line. J.F.K. proved that, as well as other presidents and leaders. Take the time to become truly informed because perception can be truly misleading.



Young America is our FUTURE!

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