The solution to unemployment, college expenses, the debt and the deficit is not found in another government program. It is found in less government programs. It is not found in another hand-out from the government. It is found in the American people. It is found in the American character — resilience, hope, determination, perseverance.
The argument against the Chinese model is the strongest because it is both economic and moral. Stern isn’t calling for a change in economic systems, rather a political change. A change from the republic our Founders created to an authoritarian regime that controls a quasi-capitalist market. We already have the capitalism, Stern wants us to adopt the authoritarianism.
Carter left the Treasury dry with his inflation and spending, it’s impossible to add Carter’s bad revenues to Reagan and legitimately conclude that Reagan had bad revenues. You have to look at revenue growth relative to Presidents as they change their policies. Let’s consider relevant, hard facts. . .