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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