Thursday, October 9, 2014

Idaho Needs Quality Jobs

Jobs and the economy are an ongoing issue. Creating jobs from public money (taxpayer paid) are not a good solution. Building the economy and providing jobs should come from the private sector. Stimulating growth in the private sector comes from reducing burdensome regulations and taxes. When Ronald Regan defeated Jimmy Carter and became President, he reduced taxes, which stimulated the economy. We benefited from that strong, growing economy, until the unscrupulous housing market lending in 2008, which plunged the country into a recession. When taxes are cut, spending also has to be curtailed to balance budgets – it can and should be done at the federal and all levels of government. Today some people are receiving more money from unemployment and disability than if they were working. There is no incentive to get a job. Idaho’s constitution requires the legislature to not adjourn any session with an unbalanced budget. All states and the Federal Government should do the same.

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