The Economy

The voters in my district want what every American wants; good paying jobs, opportunities for their kids, and the chance to realize the American Dream.

Yet here we are, on the verge of being the first generation in American history to leave the one that follows less prosperous, less secure, and with fewer opportunities for future success.

How did it come to this?

The answer is that for too long we've elected politicians who make too many promises to too many people while deferring the costs of said promises until some later date. We see it every day in the news. Politicians will propose a solution in the form of a new program or increased government spending without any detail on how they're going to pay for it.

For these career politicians, like my opponent Ed Perlmuttter, the answer is always more spending, more government, and higher taxes.

Meanwhile, the number of poor in the country keeps increasing, the middle-class continues to disappear, and the wealthy and well-connected do better and better.

This is no accident. Your elected political leaders designed the system this way. This is not capitalism nor do the free markets have control. The government is in control because we've allowed them to take control from us.

The answer to the question of how do we increase the number of good-paying jobs, put more people back to work, and increase economic growth is new leadership.

The American people need to throw the career politicians out. They might be nice people when they're back in their districts but they become corrupt, rent-seeking crony-corporatists when they're in Washington.

For example, just look at the federal tax code. It's 2,500 pages long.

Does anyone really believe that all of those pages were written for your benefit? Absolutely not.

Unfortunately, we live in a country where what an individual or corporation pays in taxes is determined by how good their accountants or lobbyists are. Career politicians have built into our byzantine tax code a myriad of exclusions, deductions, exemptions, subsidies, and all manner of loophole to benefit their friends and benefactors.

Another example of crony-corporatism is the Export-Import Bank. This government-sponsored bank, which my opponent Ed Perlmutter is a huge supporter of, is a way for the wealthy and well-connected to receive the benefit of government-sponsored financing while the American people assume all of the risk. It also favors the politically well connected over average businesses.

Our tax code, and the entire economic structure of government, was designed to favor those who can afford the pay-for-play economy and the government class.

This is wrong. We need fundamental reform because we can do better, much better.

If you send me to Washington, I promise that I will fight for a low rate, broad-base flat tax without any loopholes.

I will vote against every bill that favors the crony-corporatists over the American people.

I hope you will join me in saying that we do not have to settle for the economy that we have today.

You, the American people, deserve better.